True Help is a nonprofit organization that works toward rehabilitating the homeless. The credo of the organization is "help us help you." For an organization like True Help, which of the following statements would make an appropriate mission?
A. Help us help you find a home.
B. We help the homeless gain and sustain financial independence by providing employment opportunities.
C. Our mission is to turn this not-for-profit organization into a for-profit organization so that the stakeholders benefit.
D. One day, everyone in this nation will have a home to protect themselves.
Answer: B
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Which of the following is considered to be both a communication tool and a business planning tool?
A. a memorandum of understanding B. a histogram C. a value stream map D. demand forecasting
Outsourcing is the practice of transferring a firm's activities that have traditionally been internal to external suppliers
Indicate whether the statement is true or false
What is the primary reason why retailers tend to locate high-draw items around the periphery of the store?
A) More shelf space for those popular items is available around the periphery. B) There will be less congestion of customers than there would be in the middle. C) This arrangement will help to maximize customer exposure to other items in the store. D) It is easier to put large advertisement signs on the outside walls right next to the items. E) This arrangement allows customers to travel through the store as quickly as possible.
Iceberg Storage, a leading hard drive manufacturer, recently filed for bankruptcy. While most of Iceberg's competitors were shifting away from physical data storage devices toward online cloud storage services, Iceberg invested most of its retained earnings in the effort to improve its hard drives. Once the hard-drive market drastically declined, Iceberg Storage was unable to capitalize on the new technology. Which of the following does this scenario best illustrate?
A. causal ambiguity B. path dependence C. knowledge diffusion D. social complexity