_______ is the process of studying how to exploit a business's resources to achieve short-term and longterm marketplace success, deciding on a course of action to pursue, and flexibly updating it as learning occurs during implementation
a. Crafting market strategy
b. Operational effectiveness
c. Strategic positioning
d. Strategy
a
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One Laptop Per Child is a nonprofit initiative with the goal of making extremely low-cost laptops available to children in the developing world, with the goal of helping them learn skills needed in today's workforce. If some of the low-cost technology developed for this laptop found its way into laptops created for U.S. consumers, this would be an example of
A. reverse innovation. B. franchising. C. glocalization. D. a strategic alliance. E. purchasing power parity.
Hernandez Company began business operations and experienced the following transactions during Year 1, its first year of operations:1) Issued common stock for $50,000 cash.2) Provided services to customers for $125,000 on account.3) Purchased $2,500 of supplies on account.4) Paid $30,000 cash to rent office space for a 12-month period beginning July 1.5) Collected $115,000 cash from customers.6) Paid cash for $90,000 of operating expenses.7) Adjusted the accounting records to reflect that there was $750 of supplies remaining on hand at year-end.8) Recorded a year-end adjustment to recognize rent expense.Required:a) Record the above transactions on a horizontal statements model, reflecting their effect on the different financial statements.b) Prepare Hernandez Company's income statement,
balance sheet and statement of cash flows for the year ended December 31, Year 1. What will be an ideal response?
Restrictions that affect project development are:
A) Problems. B) Constraints. C) Stop-limits. D) Limitations.
Which of the following is not a criteria to determine the importance of a process for reengineering practitioners?
A. Is the process broken? B. Is the process antiquated? C. Does the process fall above best in class? D. Is the process crucial for productivity improvement?