The following statement by the chief executive of SunStar movie studio is an effective strategy: "We will produce the greatest films of the 21st century."
Answer the following statement true (T) or false (F)
False
Grandiose statements are not strategy. Although SunStar's vision of producing the highest-quality films among all studios may lay the foundation for an effective strategy, it must be backed up by a clear set of actions that will allow the firm to address the competitive challenge with clear consideration of value creation and costs.
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Which of the following is not a goal when communicating negative information?
A) to convey the bad news B) to gain acceptance for the bad news C) to minimize damage to goodwill as much as possible D) to maintain a good image for the organization E) to reduce or eliminate the need for future correspondence on the matter
As director of operations for Little Napoli Pizzerias, Bernard has set a goal of opening fourteen new stores on the West Coast in the next three years. He has chosen Angelina, a highly capable manager who has worked with the company for the better part of a decade, to take on this task. He meets with her, gets her suggestions and feedback, and sets about to ensure that she has the resources she needs to complete the assignment. A year later, the project seems to be on track, with four stores already opened and another four ready to go. However, at the time of their next meeting, with just six months left before the targeted completion date, the project is in disarray. What is the most likely cause for this failure?
A. Bernard did not meet with Angelina at regular and appropriate intervals. B. Angelina failed to get Bernard to clearly outline her responsibilities. C. Angela did not make it clear to Bernard what resources she needed. D. Bernard did not establish clear goals for Angelina. E. Angelina simply lacked the qualifications to get the job done.
Describe the five steps of conducting a selection interview.
What will be an ideal response?
A customer's desire for a product coupled with the buying power or resources to obtain that product is called a ________
A) benefit B) demand C) need D) stake E) service