A firm that achieves superior performance relative to other firms in the same industry or the industry average has a(n)

A. competitive advantage.
B. equity leverage.
C. balanced scorecard.
D. power position.


Answer: A

Business

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Jared is planning a celebratory event at his organization for two retiring members with Janice. Janice believes they should get an ad hoc committee together and distribute the work, while Jared believes they should just get the aid of two other members and work collectively. What concept of the systems metaphor are they dealing with?

A. interdependence B. homeostasis C. equifinality D. synergy

Business

When a receiver can no longer determine what information is useful and what is useless, or think deeply about complex situations, they are suffering from information overload

Indicate whether the statement is true or false.

Business

A borrower who takes out a loan usually has better information about the potential returns and risks of the investment projects he plans to undertake than the lender does. This inequality of information is called

A) moral hazard. B) asymmetric information. C) noncollateralized risk. D) adverse selection.

Business

The Girl Scout Law includes all of the following EXCEPT ________.

A. courage B. cheerfulness C. honesty D. respect E. helpfulness

Business