Cross-functional challenges are greater for minor changes to a strategy than for a completely new strategy.
Answer the following statement true (T) or false (F)
False
When a new strategy involves only minor changes to a plan that the firm is already implementing, the specialists usually have a pretty good idea of how their activities link to other areas.
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This question contains two parts; be sure to answer both. First, summarize the three sources from which strategic position emerges, providing an example of a company with each strategic position. (You will be providing three examples.) Second, select either McDonald's or Apple Computer and discuss the company's strategic position.
What will be an ideal response?
When setting long-term sales prices for products, the sales price must cover all costs, including fixed costs.
Answer the following statement true (T) or false (F)
Customer service is needed when a customer wants the seller to resolve a problem with a purchase.
Answer the following statement true (T) or false (F)
Ollie negotiates an order instrument to Phil by
A. assignment of its rights under a contract. B. delivery with any necessary indorsement. C. making an unconditional promise to pay. D. presenting it in response to a demand by B.