A value chain is the sequence of activities that flow from raw materials to the delivery of a good or service, with value subtracted at each step.
Answer the following statement true (T) or false (F)
False
A value chain is the sequence of activities that flow from raw materials to the delivery of a good or service, with additional value created at each step.
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Before volunteering someone's name as a reference, always
A) assume you have permission to do so. B) ask that person's permission. C) describe your relationship with that person. D) list that person's address and phone number for ease of contact. E) explain that you're not really sure what they will say about you.
Which of the following statements is TRUE of the budgeting process?
A) If a company carefully plans for its future, there will be no need to make modifications during the budget period. B) It is a continuous process that encourages communication. C) It shows the actual performance of the business. D) Managers and employees are motivated to accept the budget's goals because they enjoy having their work monitored and evaluated.
Ryan feels strongly that an expansion into a new market would be a disaster for the organization right now. While others are talking about the opportunities that are available through an expansion, Ryan is using his authority as an expert on the product line to shoot down everyone’s argument. It appears Ryan is using a(n) ______ conflict management style.
A. collaborating B. accommodating C. forcing D. negotiating
Bootstrapping does not:
A. Show commitment to future investors B. Require equity give-up C. Create positive pressure on entrepreneurs to succeed D. Force entrepreneurs to push products to market early on