When it comes to rising to the top of the corporate ladder, which do you think is more important, social skills or intellectual skills? Do you think this varies by the type of occupation or industry?
What will be an ideal response?
Answers may vary. Evidence could be drawn from both this chapter and the preceding chapter on personality.
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Answer the following statements true (T) or false (F)
1. In the late 1990's, Schwinn Inc. closed all of its bicycle manufacturing plants in China and moved them to the United States. 2. The advent of foreign competition forced Kodak Inc. to go into bankruptcy and to cease operating as a producer of cameras and film. 3. In the United States, tariffs and quotas are commonly used as tools designed to restrict trade among the fifty states. 4. Critics maintain that U.S. trade policies have mainly benefited large corporations rather than the average American citizen. 5. The “Made in America” emblem printed on televisions sold by Element Electronics is intended to inform consumers of its commitment to create quality manufacturing jobs in the United States. 6. Workers sometimes face demands for wage reductions from their employers, which threaten to export jobs abroad if wage reductions are not accepted.
Unless the agency agreement provides otherwise, all profits that result from an agency
a. belong solely to the agent. b. belong solely to the principal. c. are divided equally between the principal and the agent. d. belong to the agent, based on the time spent.
________ is the step of Kotter's eight-step model that involves eliminating barriers to change.
A. Establishing a sense of urgency B. Communicating the change vision C. Generating short-term wins D. Anchoring new approaches in the culture E. Empowering the broad-based action
_____ dominate the market by offering a huge variety of one type of product
a. Category killers b. Penetration pricing specialists c. Skimming pricing analysts d. Supply chain managers