List and describe three pitfalls in selecting a new venture.
What will be an ideal response?
ANSWER: The first pitfall in selecting a new venture is lack of objective evaluation. Ideas for products or services lack the careful planning measures to bring them up to their proper potential. The second pitfall is the lack of real insight into the market: a failure on the part of managerial staff to realize the full potential and life cycle of the product from the beginning. The third pitfall concerns the lack of venture uniqueness. There is no specific characteristic to set the business apart from competitors in the same field.
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The largest amount of trade with the United States in recent years has been conducted with
a. China. b. Germany. c. Canada. d. the United Kingdom.
CRM is built on two primary metrics: lifetime value of customers and data mining
Indicate whether the statement is true or false
Which type of leadership most improves follower satisfaction with the leader, transactional leadership and contingent rewards, or transformational leadership? What is the evidence that one is more effective than the other? How would you explain these results?
What will be an ideal response?
Program management and project management are often used ________ but actually refer to two different things
A) casually B) interchangeably C) progressively D) interactively