Discuss the relationship between transportation strategy and competitive strategy
What will be an ideal response?
Answer: Transportation strategy needs to be aligned with competitive strategy. Managers should ensure that a firm's transportation strategy supports its competitive strategy. They should design functional incentives that help achieve this goal. Historically, the transportation function within firms has been evaluated based on the extent to which it can lower transportation costs. Such a focus leads to decisions that lower transportation costs but hurt the level of responsiveness provided to customers and may raise the firm's total cost.
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Bonds issued giving the holder the option of exchanging the bonds for capital stock of the corporation are called
a. term bonds. b. convertible bonds. c. capital stock bonds. d. callable bonds.
In a strategic approach to pay, internal alignment is the ________ issue to be decided.
A. first B. second C. third D. fourth
When purchasing a stock, which arrangement allows for both the payment of the stock and receipt of the stock at some specified date in the future?
A) Forward contract B) Fully leveraged purchase C) Outright purchase D) Prepaid forward contract
Markus monitors his employees and provides training to those who are performing poorly. In this case, which of the following functions of management is Markus performing?
Scenario: Eco Lawn Care Corp., a company that manufacturers environmentally friendly lawn care products, has been operating as a business for a year. The CEO, Markus, started his venture by deciding on the activities that would be involved and what his goals and objectives for the business were. He then started to recruit professional chemists and other personnel and grouped them according to their responsibilities. Every month Markus conducts a meeting where he brings attention to those who are doing good work and motivates everyone to achieve organizational goals. He also checks the daily productivity of each of the workers, monitoring them and providing training to those with low productivity. A) planning B) organizing C) leading D) controlling E) decision making