The Grupthink vignette from the text uses customer co-creation in what way?
a. Grupthink emails surveys to competitors to gauge their level of co-creation.
b. Grupthink functions as a feedback community for their own business as well as others.
c. Twice annually, Grupthink holds virtual focus groups to discuss applications for their innovation.
d. Grupthink uses social networking sites such as Facebook, Myspace, and Twitter to obtain feedback.
e. Grupthink sells capabilities to hold virtual meetings where customers are interviewed in regards to their experience with certain products.
B
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During the current year, the Yankton Company purchased 200 shares of in the Sorros Company for $13,000 as a temporary investment. At the end of the year, the market value of the stock was $11,000. The Yankton Company's financial statements for the current year should show
A) a loss of $2,000 on the income statement and temporary investments of $13,000 on the balance sheet B) no loss on the income statement and temporary investments of $13,000 on the balance sheet C) a gain of $2,000 on the income statement and temporary investments of $11,000 on the balance sheet D) a loss of $2,000 on the income statement and temporary investments of $11,000 on the balance sheet
Answer the following statements true (T) or false (F)
1. Conflict develops due to perceived mutually exclusive goals. 2. When managers understand the sources of conflict, they aren’t able to select an appropriate communication strategy. 3. Reminding managers of the organization’s overall goals can alleviate interdepartmental conflict. 4. Venting hostility can be therapeutic rather than detrimental to conflict solving.
Minority shareholders have no right to overturn an ordinary business transaction between the corporation and a controlling shareholder
a. True b. False Indicate whether the statement is true or false
Statutes of limitations
a. define how much money the injured party can sue for under a breach of contract claim. b. define whether there has been substantial performance of a contract or a material breach. c. limit the time in which an injured party may sue. d. only apply to the sale of goods. There is no statute of limitations on a service contract.