Describe the different strategies used by companies to compete in an uncertain future.
What will be an ideal response?
As companies prepare to compete in an uncertain future, they can try different strategic postures. Adapters take the current industry structure and its future evolution as givens and choose where to compete. Most companies take this posture by conducting standard strategic analysis and choosing how to compete within given environments. In contrast, shapers try to change the structure of their industries, creating a future competitive landscape of their own design.
You might also like to view...
Indicate whether each of the following statements is true or false._____ a) Double taxation refers to the fact that both a partnership and its partners must pay income tax on the earnings of the partnership._____ b) A sole proprietorship is an accounting entity separate from its owner._____ c) Limited liability is a benefit to both corporations and partnerships, but not to sole proprietorships._____ d) Unlike a partnership, a corporation is not terminated when a major stockholder withdraws his or her investment._____ e) Sole proprietorships are, generally, subject to fewer governmental regulations than corporations.
What will be an ideal response?
___________controls within a company are more concerned with efficient operations and the adherence to management policies than with the accurate reporting of financial information
Fill in the blank(s) with correct word
The depreciation method that does not use residual value in calculating the first year's depreciation expense is
A) straight-line B) units-of-production C) double-declining-balance D) none of the above
Write the comparative and the superlative degree of the word. skillful