Companies with change-resistant cultures are
A. often overly gung ho about looking outside the company for best practices, new managerial approaches, and innovative ideas.
B. typically opposed to performance-based incentive compensation and employee empowerment.
C. prone to be preoccupied with avoiding risks and are unlikely to pursue actions to capture emerging opportunities.
D. typically run by amoral managers who have little regard for high ethical standards.
E. often preoccupied with making sure the company has an aggressive strategic vision that embraces risky business strategies.
Answer: C
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1. Some business journalists are critical of sustainability. They argue that it means constraining economic development. 2. The reputations of corporations who address environmental issues are not likely to be enhanced because these behaviours are now expected of all businesses. 3. Profitability is likely reduced due to a focus on environmental concerns. 4. Globalization is a recent phenomenon, with growth in international trade increasing in the last two decades. 5. Globalization is a process that contradicts protectionism.
An inter vivos trust is the same as
A) a living trust. B) a testamentary trust. C) an irrevocable trust. D) a revocable trust.
The direct channel is used more often in consumer markets than in business-to-business markets.
Answer the following statement true (T) or false (F)
Which of the following terms refers to the links that connect business firms with one another to coordinate production?
A. supply chain B. B2B e-commerce C. vertical market D. horizontal market