________ firms adopt an early-follower strategy to grab a dominant position more from their strengths in marketing and manufacturing than from technological innovation.
A. Defender
B. First-move
C. Prospector
D. Analyzer
E. Entrepreneurial
Answer: D
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Critical thinking is most closely related to which challenge/opportunity for organizations?
A. people skills B. innovation and change C. customer service D. workforce diversity
Which of the following is one of the primary goals of reminder advertising?
A) maintain customer relationships B) build brand preference C) correct false impressions D) inform the market of a price change E) restore company image
A value network perspective is a macro-level strategic approach that is being adopted by many firms in part because of the intense competition to cut ________ and maximize ________ every step of the way to market.
A. time inefficiencies; profits B. rewards; stock inventory C. employee benefits; cost control D. labor hours; performance incentives E. costs; process efficiencies
Which of the following characteristics does not usually apply to process operations?
A. Each unit of product is separately identifiable. B. Costs are computed using equivalent units. C. Partially completed products are transferred between processes. D. A separate Work in Process Inventory is used for each process. E. Each process is a separate department.