One reason ViviTech has adopted a high-performance work system was to develop and harness skills, knowledge, and abilities that are not equally available to all organizations. Which of the following criteria does this describe?

A. Valuable
B. Rare
C. Organized
D. Difficult to imitate


Answer: B

Business

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From its origins as an animated film producer, Walt Disney Company has moved into licensing characters for merchandised goods and developed theme parks and vacation and resort properties. What strategy best describes Disney's growth?

What will be an ideal response?

Business

Customer relationship management refers to

A. the links an organization has to its individual customers, employees, suppliers, and other partners for their mutual long-term benefit. B. the idea that an organization should (1) strive to satisfy the needs of consumers (2) while also trying to achieve the organization's goals. C. the view that organizations should satisfy the needs of consumers in a way that provides for society's well being. D. the process of identifying prospective buyers, understanding them intimately, and developing favorable long-term perceptions of the organization and its offerings so buyers will choose them in the marketplace. E. the cluster of benefits that an organization promises customers to satisfy their needs.

Business

Identify and describe the main statutory requirements that must be followed if organizations choose to provide health care or retirement plans for their employees.

What will be an ideal response?

Business

An interest in personal property or fixtures that secures payment or performance of an obligation is called a(n): ______

A) guaranty holding. B)security interest. C)guaranty interest. D)good-faith guaranty.

Business