Juan, the owner of Quality Catering, is driven by competition. He is very focused on meeting deadlines and quality, and on delivering the results that customers want. He pushes his managers to continually exceed their productivity goals, and he stresses that profits take precedence over employee development and satisfaction. Juan feels "there is not enough time for training." However, his employees are regularly rewarded for their success in meeting company goals. Quality Catering has a(n) ____ culture.

A. clan
B. target-driven
C. adhocracy
D. market
E. hierarchy


D. market

A market culture has a strong external focus and values stability and control. Uber has a "champions mind-set." The company uses an approach called "principled competition" to establish itself in new markets, developing a base of enthusiastic new riders and drivers and using that grassroots support to fend off opposition.

Business

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What are the distinguishing features between Centrally Planned Socialism and Centrally Planned Capitalism? Give examples of two or more countries which follow these systems

What will be an ideal response?

Business

Which of the following federal acts substantially amended federal bankruptcy law in 2005?

A) Bankruptcy Reform Act B) Bankruptcy Abuse Prevention and Consumer Protection Act C) the Nelson Act D) the Chandler Act

Business

The Foreign Corrupt Practices Act

A. regulates only the behavior of U.S. businesses conducting business within the United States. B. makes it a crime for U.S. corporations to bribe an official of a foreign government or political party to obtain or retain business in a foreign country. C. has different levels of punishment based upon the wealth of the host nation. D. is a unilateral agreement the United States made with several developing nations. E. makes the theft of trade secrets by foreign entities a federal crime in the United States.

Business

An analysis for ranking problems from most significant to least significant is called a:

A) flow chart. B) Pareto. C) mass customization. D) cause-and-effect.

Business