The unauthorized use of intellectual property is called
A. royalties.
B. international franchising.
C. foreign licensing.
D. counterfeit activity.
Answer: D
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Answer the following statements true (T) or false (F)
1. Measurement-managed companies are those in which senior management agrees on measureable criteria to determine strategic success. 2. One of the reasons that measurement-managed firms succeed is that their organizational cultures tend to minimize risk taking. 3. Informal feedback systems interfere with effective measurement. 4. A formal financial projection is known as a budget.
Through marketing accountability, traditional opinion-based marketing practices are being replaced with practices that are ________
A) less competitive B) less interdependent C) more qualitative D) more quantitative E) more artistic
Taking a strategic perspective requires a focus on compensation decisions that helps the organization gain and sustain competitive advantage.
Answer the following statement true (T) or false (F)
Weston, Inc., produces widgets. To manufacture a new type of widget, it took 15 iterations before the process reached a steady state of 27 hours. If Weston has a 94% learning rate, use the logarithmic approach to calculate the time it took to manufacture the first widget.
a. 36.10 hours b. 32.53 hours c. 33.51 hours d. 34.38 hours