Management vision is a driving force for global integration
Indicate whether the statement is true or false
Ans: True
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The amount of increase or decrease in revenue that is expected from a particular course of action as compared with an alternative is termed:
A) manufacturing margin B) contribution margin C) differential cost D) differential revenue
Reece gave all 2014 job applicants a math test before hiring. In 2015, Reece looked at the performance appraisal scores of those applicants and found that the applicants who scored well on the math test also received high scores on the analytical aspects of their jobs as measured by their performance appraisals. Reece’s math test appears to have __________.
A. criterion-related validity B. content validity C. construct validity D. reliability E. analytics
In a closely held corporation, exchanges of stock are limited to transactions between individuals.
Answer the following statement true (T) or false (F)
Which statement about products in the sales decline stage of the product life cycle is true?
A. Customers will always abandon the declining product immediately if an alternative is available. B. Brand managers should phase out this product as quickly as possible. C. Phasing out a product at this time is fairly easy, and this strategy will cut future losses. D. A declining product may still be profitable for some time and it might be more appropriate to phase out this product gradually. E. None of these statements is true.