Discuss the difference between line and staff managers.
What will be an ideal response?
Line managers create, manage, and maintain the people and organizational processes that create whatever it is that the business sells. Staff managers advise line managers in some field of expertise.
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Generally speaking, which of the following product categories represents the best potential for extension into international markets without adaptation?
A) companion products B) food products C) industrial products D) intangible products E) non-alcoholic drinks
A store that has no trading area of its own is a parasite
Indicate whether the statement is true or false
Wage structures tend to vary across firms to the extent that managers view any given position as more or less critical in their firms.
Answer the following statement true (T) or false (F)
The law that substantially amended federal bankruptcy law to make it much more difficult for debtors to escape unwanted debt through bankruptcy was the ________.
A. Bankruptcy Reform Act of 1978 B. Credit Card and Student Loan Bankruptcy Act of 2007 C. Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 D. Bankruptcy Act in 1878