Failure as a result of the wrong procedures being set up in the organization so communication breaks down among employees and things begin to fall through the cracks is known as _______________.
a. uncertainty
b. process inadequacy
c. deviance
d. lack of ability
b. process inadequacy
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Which of the following statements is true?
A) Offensive strategic market plans require investment for growth, which limits long-run profit performance, but does not limit sales revenue. B) Defensive strategic market plans promote short-run profit performance but are not that effective in growing sales revenue. C) In the long run, all market strategy will shift from an offensive strategic market plan to a growth-oriented plan. D) Offensive strategic market plans are geared to deliver above-average performance in the areas of sales growth, share position, and improved short-run profits. E) Defensive strategic market plans are not geared towards the protection of market share.
Another name for the need-satisfaction presentation is the problem-solution presentation.
Answer the following statement true (T) or false (F)
A team working on a project has noticed that one of their members has been working at too slow a pace, so other team members ask what the holdup is. What primary level of control is used in this situation as they ask that question?
a. regular meetings b. the exception rule c. clan control d. observation
The daily sales of a peanut butter at Power's Grocery are normally distributed, with a mean of 12 jars and a standard deviation of 4. The manager checks the inventories on shelves and places an order every three days
Delivery lead time is two days and they carry 21 jars for safety stock. If there are 4 jars on the shelf when an order is placed, how much should the store order? A) 77 B) 81 C) 32 D) 36