A ____ is a group of people who come together to share information, experiences, tips, and best practices.  Goals of these groups are to avoid reinventing the wheel and look for innovative ways to overcome challenges.

A. community of practice
B. mentoring group
C. social media group
D. knowledge base


Answer: A

Business

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After leaving the doctor’s office, Jerry has decided to join the gym. His doctor explained that his blood sugars are high and that he needs to lose weight in order to avoid acquiring diabetes. His doctor suggested that he take a year to lose the weight because it is dangerous to lose weight quickly. Jerry’s goal of lowering his blood sugar is an example of what element of goal-setting theory?

A. behavioral goals B. immediate goals C. performance goals D. operational goals

Business

Compare and contrast the following terms: a. Trade discount and sales discount. b. FOB shipping point and FOB destination

Business

Cooperative relationships such as ________ have potential advantages such as entering new markets, reducing manufacturing (or other) costs in the value chain, and developing and diffusing new technologies.

A. acquisitions B. mergers C. franchises D. joint ventures and strategic alliances

Business

In building support for your idea, you might engage in horse trading. This involves

A. ensuring that your peers back your idea before you commit to it. B. ensuring that your immediate boss understands and approves your idea. C. making a formal presentation to higher-level managers to ensure that the idea is feasible. D. offering promises of payoffs from the project in return for support, time, money, and other resources that peers and others contribute. E. engaging in informal work of your own choosing and initiative.

Business