Answer the following statement(s) true (T) or false (F)
Lack of expertise has never been considered a reason for the lack of strategic planning in new ventures.
ANSWER: False
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In recommendation letters, comparing the candidate's potential to that of his or her peers
A) should be avoided, since it opens the door to legal action. B) is unprofessional because it distracts attention from the candidate you are recommending. C) helps the recipient evaluate the candidate more effectively. D) is a good idea, even if you have only a "gut feeling" about how the candidate stacks up. E) almost always reduces the candidate's chances of landing the job.
The less steep the cost slope of an activity, the ________ it costs to shorten one time period.
Fill in the blank(s) with the appropriate word(s).
A company purchased $4,000 worth of merchandise. Transportation costs were an additional $350. The company returned $275 worth of merchandise and then paid the invoice within the 2% cash discount period. The total cost of this merchandise is:
A. $4,075.00. B. $4,000.50. C. $3,925.00. D. $3,995.00. E. $3,725.00.
List the four elements of industrial systems described by John Dunlop.
What will be an ideal response?