A practical guideline for managing in an empowered world is to
A. maintain the status quo.
B. reinforce responsiveness and teamwork.
C. base control on company norms.
D. use after-the-fact controls.
E. put control where the best people are.
Answer: B
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Thanks to much publicity, the marketing concept is now practiced by all firms.
Answer the following statement true (T) or false (F)
While driving his car five miles over the speed limit, Carl struck Darla, who was jaywalking across the street. Darla sues and when the case comes to trial, the jury determines that Carl was 60% negligent and that Darla was 40% negligent. Darla's damages for injuries are $10,000. If this accident occurred in a state following the comparative negligence theory of recovery, Darla will:
A) recover $10,000. B) not recover anything. C) recover $6,000. D) recover $4,000.
Which one of the following actions represents the most extreme form of political risk to a multinational firm?
A) expropriation B) embargo C) currency controls D) protective tariffs
In 1969, the federal government estimated that consumer products caused 30,000 deaths, 110,000 disabling injuries and 20 million trips to the doctor. The product category causing the majority of harm was A)automobiles
B)children's toys. C)power tools. D)food products.