Machinists in a manufacturing plant who have worked together for many years and report to the same shop foreman exemplify a
A. cross-functional group.
B. command group.
C. virtual team.
D. friendship group.
E. self-managed team.
Answer: B
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Kate owns a women's fashion apparel manufacturing firm. She has determined that the customers for her business' products can be segmented into three distinct segments differing in primary needs, demographics, lifestyle, and purchase behaviors. She now wants to develop a value proposition that delivers value to target customers in each segment. Which stage of the needs-based market segmentation process does this represent?
A) segment identification B) segment attractiveness C) segment profitability D) segment positioning E) segment marketing mix strategy
The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 45,000 shares were originally issued and 5,000 were subsequently reacquired. What is the number of shares outstanding?
A) 5,000 B) 45,000 C) 40,000 D) 50,000
Significant changes in stockholders' equity are reported in
A) income statement B) retained earnings statement C) statement of stockholders' equity D) statement of cash flows
Knowledge of foreign languages
A. is of academic but not business value. B. is useless if you know English. C. requires too much work to be worth the effort. D. can be of great assistance in making sales abroad.