Compare two companies, one that invested in training and one that did not. How will you know which one will have a competitive advantage?
What will be an ideal response?
Training can
1. Increase employees' knowledge of foreign competitors and cultures, which is critical for success in foreign markets
2. Help ensure that employees have the basic skills to work with new technology, such as robots and computer-assisted manufacturing processes
3. Help employees understand how to work effectively in teams to contribute to product and service quality
4. Ensure that the company's culture emphasizes innovation, creativity, and learning
5. Ensure employment security by providing new ways for employees to contribute to the company when their jobs change, their interests change, or their skills become obsolete
6. Prepare employees to accept and work more effectively with each other, particularly with minorities and women.
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______ is a government's seizure of a domestic or foreign company's assets.
A. Expropriation B. Diversification C. Nationalization D. An embargo E. Appropriation
Traditionally, promotions included the following, except:
A) advertising B) product design C) personal selling D) sales promotions
A company reports inventory using the lower of cost and net realizable value. Below is information related to its year-end inventory:InventoryQuantityCostNRVUnit A10$30$32Unit B184340Unit C122327Unit D151817Calculate ending inventory under the lower of cost and net realizable value and record any necessary adjustment to inventory.
What will be an ideal response?
At almost every major university, some group on campus pressures the university to become "greener." What does this mean? What does it usually involve? Why would a university want to become greener?
What will be an ideal response?