What are two advantages of decentralization?
Advantages of decentralization include: (pick two)
· Managers most familiar with a problem have the opportunity to solve it since decision-making authority is pushed down to lower levels.
· Top-level managers are left with more time to devote to long-range strategic planning since they do not have to be as involved with day-to-day decision making.
· Managers have a higher job satisfaction.
· Lower-level managers become better managers because of the on-the-job training they receive.
· Decisions are often made in a more timely fashion.
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Singapore Airlines is well regarded in large part because of the excellence of its flight attendants. This is an example of ________ differentiation
A) image B) services C) product D) employee E) channel
When a government sees that local industry is threatened by imports, it can threaten to erect import barriers to stop or reduce these imports. This is an example of a ________ driver of international business activity.
A. technological B. competitive C. cost D. political E. market
FaberRoad, a respected courier brand, is fast losing its market share to competitors who do overnight deliveries of packages or offer lower prices. The company's research department has found that many customers care more about knowing exactly when a package will arrive than getting it the next day. Which strategy would best address the current state of FaberRoad and help it regain its market?
A. diversifying the different types of packages that can be transported and enabling booking through calls B. developing radio tags that could be attached to packages to allow for real-time tracking by customers' PCs and mobile phones C. engaging in expensive advertising with new tag lines and famous celebrities to enhance its brand image in the market D. employing night delivery drivers at a high cost and maintenance charges E. acquiring small transportation companies with cheaper trucks and tempos, rebranding, and using them for deliveries
A bailment transfers title to real property to the bailee
Indicate whether the statement is true or false