Managers use philosophies that guide them in their decision making

Indicate whether the statement is true or false


TRUE

Business

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Describe how competitive advantage can be created via strategic intent, giving examples of successful approaches of competitors

What will be an ideal response?

Business

In this approach to managing capacity, a firm uses flexible work hours by the workforce to manage capacity to better meet demand

A) Time flexibility from workforce B) Use of seasonal workforce C) Use of subcontracting D) Use of dual facilities–specialized and flexible

Business

Company sales records, commercial databases, newspaper announcements, telephone directories, and public records are all sources used for

A. surveying. B. screening. C. researching. D. preapproaching. E. prospecting.

Business

The most important thing you should do before launching your product or service is ________.

A. thoroughly research the market B. raise enough capital C. design your logo D. hire the right employees

Business