Big Data demands that data scientists and managers implement new techniques and, above all, a new way of thinking
a. True
b. False
A
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You have an idea for a company that sources fruits from local farms and makes fresh juices on a daily basis. You want to start a subscription-based service in which households within a 100-mile radius subscribe to your plan and receive two gallons of freshly squeezed juice (for example, cherry juice, apple juice, lemonade) twice a week. As you think about starting your business, you ask yourself: How rare is the service I am offering? How valuable is it? Can I organize the company to maximize my advantages in the marketplace? After asking these questions, review and identify which question from VRIO did you forget to ask?
A. Is the resource or capability valuable? B. Is the resource or capability currently controlled by only a few firms or no other firms? C. Is the firm organized to exploit the resource of capability? D. What values should be emphasized? E. Is the resource or capability costly for other firms to imitate?
Which of the following organizations does not require that banks report to it?
a. Internal Revenue Service b. Federal Reserve System c. Comptroller of the Currency d. Federal Deposit Insurance Corporation e. Interstate Commerce Commission
"Culture does not affect leadership attributes." This statement is
A. true, because leadership traits are universal. B. false, because all cultures understand what leadership is. C. true, because leadership is a top-down concept. D. false, because traits understood as critical for leaders vary some by culture. E. true, because the desire to be led is universal.
Because of the legal implications involved in refusing credit, you should avoid telling applicants the specific reason(s) why you must deny them credit
Indicate whether the statement is true or false