__________occurs when a firm refuses to meet specific obligations or fails to change when new situations arise

Fill in the blanks with correct word.


ANSWER: Passive opportunism

Passive opportunism occurs when a firm refuses to meet specific obligations or fails to change when new situations arise. Passive opportunism involves behaviors like hiding information, not notifying other firms of problems, or simply not doing what was agreed upon by two firms.

Business

You might also like to view...

Cell phone manufacturer LZT has to choose between two options for sourcing parts: Japan-based Keiko Inc and U.S.-based Global Tech

Though Keiko's products are priced lower than Global's, the non-monetary costs of doing business with Keiko may lead LZT to choose Global Tech. What can Keiko do to obtain LZT's order?

Business

According to the concept of ________, a series of increasingly more specific "why" questions can reveal consumer motivation and consumers' deeper, more abstract goals

A) word association B) projection C) visualizing D) brand personification E) laddering

Business

Emotion states are more diffuse, less intense, and more enduring than mood states, which tend to be more intense and directed at more specific targets.

Answer the following statement true (T) or false (F)

Business

When a property dividend is declared and the book value of the property exceeds its market value, the dividend is recorded at the

a. market value of the property at the date of distribution. b. book value of the property at the date of declaration. c. book value of the property at the date of distribution if it still exceeds the market value of the property at the date of declaration. d. market value of the property at the date of declaration.

Business