In the context of the history of American business, which of the following statements is true of the production era?
A. Major businesses focused on shifting the balance of power from producers and toward consumers.
B. The method of hard sell was eliminated.
C. The assembly line became standard across major manufacturing industries.
D. Leading-edge firms looked beyond each immediate transaction with a customer and aimed at building a long-term relationship.
Answer: C
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Companies using ______ have greater quality and speed of executing their strategies because it helps in developing specific action plans to meet objectives.
a. the Delphi technique b. intuition c. consensus mapping d. big data
Key variables that are identified in strategic planning are
a. normally controllable if they are internal. b. seldom if ever controllable. c. normally controllable if they occur in a domestic market. d. normally uncontrollable if they are internal.
Which one of the following is the authoritative body having the primary responsibility for developing accounting principles in the United States?
A) FASB B) IRS C) SEC D) AICPA
Uniformity of retail image is not a problem for _____
a. independent retailers b. chains c. franchises d. leased department lessees