A manager's only responsibility is to monitor and assess the performance of his or her firm.
Answer the following statement true (T) or false (F)
False
Since competitive advantage is defined as superior performance relative to other competitors in the same industry or the industry average, a firm's managers must be able to accurately assess the performance of their firm and compare and benchmark their firm's performance to other competitors in the same industry or against the industry average.
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The increasing diversity of the American workforce, and the fact that people aged 18–34 are more likely to be living with their parents than with a spouse or partner, are both examples of a(n) ______ force for change.
A. market B. demographic C. social and political D. political E. economic
A. What is the formula for breakeven units? b. How is knowledge of the contribution margin of a product helpful? In your answer, explain two possible benefits of computing the contribution margin of a product
RFP (used in the process of selecting suppliers) stands for ______.
A. request for purchase B. request for proposal C. request for production D. request for price
One of the most significant problems facing today’s diverse workforce is that of ______.
a. oppression b. stereotypes *c. exclusion d. inclusion