The Jay Group hires better employees than its competition by conducting effective searches and multi-tiered interviews. The company also provides high quality training to its employees, an aspect often neglected by competitors
The Jay Group is most likely to gain a strong competitive advantage through which type of differentiation?
A) image differentiation
B) people differentiation
C) services differentiation
D) product differentiation
E) channel differentiation
B
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What combination of x and y will yield the optimum for this problem?
Maximize $3x + $15y, subject to 1. 2x + 4y ? 12 and 2. 5x + 2y ? 10 and 3 . x, y ? 0. A) x = 2, y = 0 B) x = 0, y = 3 C) x = 0, y = 0 D) x = 1, y = 5 E) x = 0, y = 5
A manager's span of control is most likely to be greater when
A. employees perform similar functions. B. standards for performance are unclear. C. subordinates perform complex functions. D. subordinates are physically farther apart.
Members of the federal judiciary are
a. elected to office for life by the senates of the states where the courts are located. b. appointed by the president and confirmed by majority vote of the U.S. Senate. c. designated in a binding recommendation by the senior senator of the state where the court is located. d. required to retire at age 70.
In City of Livonia Employees Retirement System v. Boeing Co, City sued Boeing on behalf of all persons who bought Boeing stock in a certain time period on the basis that the company was overly optimistic about the time schedule for the new 787 aircraft. When problems with the plane developed, the stock fell ten percent. Suit claimed that company executives made false statements about the plane,
so committed securities fraud. The appeals court held that Boeing was: a. liable for securities fraud because the reports about the plane were not sufficiently identified as a forward- looking statement b. not liable for securities fraud because the Private Securities Litigation Reform Act requires that plaintiffs"demonstrate fraud" in company statements, which did not happen c. Not liable for securities fraud because there is no evidence Boeing knew of the problems in advance d. American Express was liable for all damages due to its overly optimistic statements e. American Express was liable for securities fraud because it did not have a separate section of the report that identified it as a forward looking statement