According to the theory of constraints, a bottleneck is any resource whose capacity is greater than the demand placed on it.
Answer the following statement true (T) or false (F)
False
A bottleneck is defined as any resource whose capacity is less than the demand placed upon it.
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Which of the following types of contracts is created when a party with superior bargaining power imposes unfair terms on the other party?
A. Unconscionable contracts B. Express contracts C. Bilateral contracts D. Executory contracts
Which of the following statements is TRUE about the five forces identified by Michael Porter that determine the intrinsic long-run attractiveness of a market or market segment?
A) A segment is unattractive if the company's suppliers are unable to raise prices or reduce quantity supplied. B) A segment is unattractive if buyers possess strong or growing bargaining power. C) A segment is attractive when there are actual or potential substitutes for the product. D) A segment is attractive if it already contains numerous, strong, or aggressive competitors. E) The most attractive segment is one in which entry barriers are low and exit barriers are high.
Cecilia used to spend a lot of time clipping coupons to save money at the grocery store. Since she got a smartphone, however, she now has apps that not only bring her coupons, but also help her create grocery lists, find recipes, and search for deals. This is an example of how the external factor of ________ influences the marketing environment.
Fill in the blank(s) with the appropriate word(s).
Performance management is something we do
a. To employees b. At employees c. Against employees d. With employees