Enlisting employees' sustained and energetic commitment to good strategy execution and achievement of the strategic priorities and financial objectives is best done by
A. providing employees with a high degree of job security and attractive perks.
B. resourceful and effective use of motivational incentives, both monetary and nonmonetary.
C. having top executives commit to making employees the company's most valuable competitive asset.
D. clever and innovative use of benchmarking and best practices.
E. developing core competencies in the use of TQM, Six Sigma programs, and business process reengineering.
Answer: B
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A(n) ________ is a discrete probability distribution that often describes the arrival rate in queuing theory
Fill in the blanks with correct word
Denver wants to start an industrial products manufacturing company, but he finds it difficult to enter the market as it is already dominated by a single producer who controls product quality and product prices. Given this information, Denver is unable to enter the market because of the existence of _____.
A. pure competition B. monopoly C. monopolistic competition D. oligopoly
Figure 6-3According to Figure 6-3 above, points B and C would most likely represent ________ and ________ options respectively for entering the global marketplace.
A. joint venture; direct investment B. exporting; licensing C. exporting; direct investment D. licensing; joint venture E. exporting; joint venture
Laelle Corp., a popular cosmetic brand in France, has decided to expand its business to Australia. The company enters into an agreement with a local firm in Australia by which the two companies share 50 percent equity. This mode of entry is an example of _____.
A. a turnkey project B. a joint venture C. licensing D. co-marketing