The resource-based theory of the firm is designed to take advantage of
a. marketing
b. intellectual capital
c. research
d. target audience analysis
e. financial and asset resources of the organization
B
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Scientific management was primarily developed by ______.
A. Douglas McGregor B. Frederick Taylor C. Warren Buffett D. Hackman and Oldham
Which of the following best explains the difference between data and information?
A) Information needs to be processed to be useful, but data is useful without being processed. B) Data is created from the transformation of information. C) Data is more structured and organized than information. D) Information is more structured and organized than data. E) Data is interpreted information.
Which of the following is FALSE concerning teams?
a. A group must go through a developmental process to begin functioning as a team. b. Team members need training in problem solving, goal setting, and conflict resolution. c. The self-directed work team can become the basic organizational building block to help assure success in dynamic global competition. d. Skills for successful participating in team environments are the same as those for success in traditional organizations.
In 1977, Kenneth H. Olsen, then president of Digital Equipment Corp., announced that there was no reason for individuals to have a computer in their home. Long since disproven, this is an example of
A. good prediction skills. B. excellent forecasting. C. overestimation of uncertainty. D. poor forecasting of future consumer demand.