An organization's value chain can aid in the reduction of non-value added activities
Indicate whether the statement is true or false
true
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________ is a ranking scale in which numbers are assigned to objects to indicate the relative extent to which some characteristic is possessed
Thus it is possible to determine whether an object has more or less of a characteristic than some other object. A) Ordinal scale B) Interval scale C) Ratio scale D) Nominal scale
__________occurs when new employees require higher starting pay than the historical norm, causing narrowing of the pay gap between experienced and new employees.
A. Equity theory B. Pay structure C. Delayering D. Wage compression E. Broadbanding
Because the timing of a strategic move can be just as important as the choice of move to make, a company's best option with respect to timing of an action is
A. to be the last mover-playing catch-up is usually fairly easy and almost always is much cheaper than any other option. B. to be a fast follower. C. to be the first mover. D. to be a late mover (because it is cheaper and easier to imitate the successful moves of the leaders and moving late allows a company to avoid the mistakes and costs associated with trying to be a pioneer-first-mover disadvantages usually overwhelm first-mover advantages). E. to carefully weigh the first-mover advantages against the first-mover disadvantages and act accordingly.
Which of following statements is false?
A) A preexisting conditions clause can make it easy for you to change insurers. B) A coinsurance clause may require that you pay a specified percent of you medical expenses. C) If your coverage is guaranteed renewable, your coverage will continue as long as you pay your premiums. D) A comprehensive health insurance policy can limit the total amount paid out under the policy.