When an employee files a grievance pursuant to a company procedure developed to address such matters, he is exercising a power-based approach to resolving conflict

Indicate whether the statement is true or false.


F

Business

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________ enables a manager to make decisions, give orders, and utilize resources. For example, the manager of a local pizzeria has the right to hire and fire drivers based on their punctuality, performance, and customer-service ratings.

A. Power B. A clan culture C. A hierarchy of power D. Touching E. Authority

Business

If the payee of the instrument is not mentioned on the face of the instrument, it is considered nonnegotiable

Indicate whether the statement is true or false

Business

What statement generally sums up the importance of passion in your founding team?

a. Passion and skills will compensate for experience. b. Passion needs to play a secondary role to experience. c. Passion can interfere with rational judgment. d. Enthusiasm cannot help reduce the risk of starting a business.

Business

Making comparisons between a firm and its most direct rivals is useful because firms within the same strategic industry group have ________ strategies.

A. relative B. the same C. similar D. different

Business