Market-oriented firms primarily focus their efforts upon:
A. improving the technological skills and competitive advantages of the firm
B. satisfying the organization's needs for low overhead
C. achieving the company's societal responsibilities inexpensively
D. distributing goods and services
E. satisfying the wants and needs of their customers
Answer: E
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In the two-period model, a higher real interest rate
A. increases the present value of income. B. causes the budget constraint to rotate in a counterclockwise direction. C. makes households that had initially planned to save better off. D. makes households that had initially planned to borrow better off.
Which statement best describes a difference of giving performance feedback outside the United States?
A. Employees in other countries seek out direct feedback more readily than U.S. employees do. B. Employees in other countries are less likely to be comfortable with direct statements about their performance. C. In contrast to U.S. practices, performance feedback outside the United States includes repayment of obligations. D. U.S. workers are more interested than other workers in other countries in hearing about their performance. E. Performance feedback is expected in the United States but is forbidden by many other countries' laws.
A microwave has a mean time between failures of 157 hr and mean time to repair of 17 hr. In this case, the availability is ______.
A. 0.902 B. 0.920 C. 0.960 D. 0.930
A group challenge that is common in student project teams is ______.
A. groupthink B. social loafing C. consensus building D. goal agreement