Competition is a standard way of life in U.S. companies, both internally and externally. What happens in a company when this competitive attitude becomes a "win/lose" philosophy? How can management help develop a "win/win" philosophy toward internal competition?
Excessive internal competition can replace the cooperation that is necessary for the success of the company. In fact this can cause communication to diminish or cease. Management can help change this internal competition by developing open communication and providing information to employees. Reward systems can also increase cooperation. The cooperative spirit can be developed if employees have an understanding and appreciation for others' importance and functions.
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Which dimension of personality is associated with people who believe outside influences are responsible for their fate?
What will be an ideal response?
Which of the following is typically true during the growth stage of the product life cycle?
A) The use of advertising decreases. B) Product benefits are the focus of promotions. C) The use of sales promotion to encourage trial increases. D) Spending on most aspects of promotion decreases. E) The tool of public relations is rarely used.
Paul worked as an artisan at a furniture company where a set of artisans were required to produce a specific part of a product, and the product was later assembled. Paul quit his job and started a small furniture business where he crafts unique products based on the demands of his customers. He feels that the constant need to adapt and outperform himself keeps him focused and motivated to improve his craft. Which advantage of entrepreneurship is highlighted in the given scenario?
A. Greater financial success B. Survival C. Greater tractability D. Challenge
Bill Dukes has $100,000 invested in a 2-stock portfolio. $62,500 is invested in Stock X and the remainder is invested in Stock Y. X's beta is 1.50 and Y's beta is 0.70. What is the portfolio's beta? Do not round your intermediate calculations. Round the final answer to 2 decimal places.
A. 1.14 B. 0.90 C. 1.44 D. 1.20 E. 1.56