Which of the following activities is handled by selecting the "Make payment" action of QuickBooks?
A) entering sales receipts
B) selecting bills to be paid
C) recording a bill that has been received
D) recording customer payments
B) selecting bills to be paid
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Answer the following statements true (T) or false (F)
1. Brilliante Pens, a 125-year-old pen manufacturer, markets very high-quality pens, many of which cost more than $1,000 each, to executives globally, always maintaining its reputation of superior value in its narrow market. Brilliante is using a cost-focus strategy. 2. For over 20 years, ABC Manufacturing produced only one product, a car part for Moraine Assembly (the Moraine, Ohio, General Motors truck factory). Because its single-product business is so closely tied to Moraine Assembly, ABC is a vulnerable company. 3. In a single-product strategy, a company makes and sells only one product within its market. An example of a businessperson following a single-product strategy is a farmer who grows and sells only corn. 4. Execution consists of questioning, analysis, and follow-through to mesh strategy with reality, align people with goals, and achieve promised results.
Answer the following statements true (T) or false (F)
1. A transitory career path involves a series of alternating promotions and demotions. 2. Planning helps managers to cope with events that can be predicted but is not particularly helpful when conditions are uncertain. 3. Planning occurs only at the highest levels of an organization, being done by top managers. 4. Planning and strategic management derive from an organization's mission and vision about itself.
Are leaders born or made? Defend your answer using information from either trait or skills approach.
What will be an ideal response?
Why should a firm be aware of its competitors' distinctive competencies?
What will be an ideal response?