Atlas Door created competitive advantage by reducing the time to receive and process an order and through installing a just-in-time logistics operation. Which of the following is not a reason for their favorable position relative to the five forces of industry competition?
A. The integration of many company value-chain activities provided causal ambiguity and path dependency.
B. The service was easily imitable.
C. It created high entry barriers for new entrants.
D. It exerted power over its customers.
Answer: B
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Despite what many have heard and have believed for many years, NASA may not have invented Velcro. In 1941, well before NASA, a Swiss electrical engineer named George de Mestral noticed how easily cockle burs attached to his dog's fur. He supposedly modeled the Velcro after the tiny hooks in the bur that so easily catch onto clothing and fur. Even though there is evidence that Dr. Mestral actually invented Velcro, Tim believes the NASA version of the invention story. This is a case of which of the following?
A. fundamental attribution error B. blindering C. closure D. schemata
In an experiment, events A and B are mutually exclusive. If P(A) = 0.6, then the probability of B
A. cannot be larger than 0.4. B. can be any value greater than 0.6. C. can be any value between 0 to 1. D. cannot be determined with the information given.
The nervous and hormonal systems of an individual, when activated, produce adrenaline, and this may result in an elevated heart rate, perspiration, and tightening of the muscles. This is known as ______.
A. fight-or-flight response B. stress response C. psychological job strain D. job burnout
Which ethical decision-making approach focuses on taking action that results in the greater good for the majority of people?
a. Rights approach b. Justice approach c. Utilitarian approach d. Objectivity approach