What makes the managerial task of executing strategy so challenging and demanding is the

A. time and effort it takes to build core competencies.
B. trial-and-error experimentation that is required to come up with a workable organizational structure.
C. time, training, and creative effort it takes to empower employees and teach them responsible decision-making.
D. supervisory requirements associated with getting company personnel to do things the right way.
E. people-management skills required, the resistance to change that has to be overcome, and the perseverance necessary to get a variety of initiatives launched and kept moving along.


Answer: E

Business

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______________________________________ is a line item on the income statement to reflect any gain or loss from an event that is both unusual in nature and infrequent in occurrence

Fill in the blank(s) with correct word

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In one-way ANOVA, separation of the variation observed in the dependent variable into the variation due to the independent variables plus the variation due to error is called ________

A) decomposition of the total variation B) one-way analysis of variance C) n-way analysis of variance D) analysis of covariance (ANCOVA)

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In the case of culture, ______ means that most members intuitively understand the basic values, norms, or logics that underlie what is acceptable.

A. shared B. learned C. organized D. systematic

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Beth owned an original United States flag. She had previously loaned the flag to Ross, a lawyer, so that he could display the flag on the wall behind his office desk. One day while visiting Ross in his office and admiring the flag, Beth said to Ross, "You are so fond of that flag, I would like you to have it!" Ross responded with a gracious "thank you." In this situation A) Beth has not made a

valid, binding gift of the flag because gifts are never binding and can always be revoked by the donor. B) Beth has not made a valid, binding gift of the flag because the donor must deliver the property to the donee, which was not done here. C) Beth has made a valid, binding gift if Beth agreed to give the flag in exchange for Ross's legal services. D) Beth has made a valid, binding gift because she intended to transfer present ownership to Ross and Ross accepted the flag.

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