It is a manager's responsibility to identify both potential and actual conflict within the work environment
a. True b. False
a
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In order, the steps of the strategic-management process are
A. establish the mission and vision statements, assess the current reality, conduct a trend analysis, and maintain the feedback loop. B. establish the mission statement, maintain strategic control, formulate the grand strategy, and implement the strategy. C. establish the mission, vision, and values statements; assess the current reality; formulate the grand strategy; implement the strategy; and maintain strategic control. D. establish the vision and values statements, develop a mission statement, formulate the grand strategy, implement the strategy, and maintain the feedback loop. E. determine the strategy; carry out the strategic plans; and establish the mission, vision, and values statements.
Crocs clogs, Elmo TMX doll, and Pokemon gifts and toys are examples of megatrends, which are unpredictable, short-lived, and without social, economic, and political significance
Indicate whether the statement is true or false
The price/earnings ratio:
a. is not a function of the market. b. is calculated using diluted earnings per share before nonrecurring items. c. indicates low-growth-potential firms have higher price/earnings ratios. d. is calculated using basic earnings per share before nonrecurring items.
Which of the following examples best illustrates indirect network externalities?
a. A successful mail-based video company increases the volume of mail for FedEx. b. A ring-tone and "wallpaper" company generates work for graphic designers and musicians. c. A cell phone company's platform is so successful that developers of cell phone accessories and innovative software build on that platform. d. A software company upgrades programs every few years and offers the upgrades to past customers for a fee. e. All of the above are examples of indirect network externalities.