The ____________________ is a circle divided into sections representing the component parts of a whole.
Fill in the blank(s) with the appropriate word(s).
pie chart
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If a company's home currency strengthens, it is:
A) a favorable turn of events for the typical exporter. B) an unfavorable turn of events for the typical exporter. C) a favorable turn of events since the revenues increase in home currency. D) an unfavorable turn of events for exporter's home country. E) neither favorable nor unfavorable turn of events for the typical exporter.
The actual time taken to perform all necessary manufacturing functions in a process is referred to as _________________________
Fill in the blank(s) with correct word
The primary drawback of "traditional" strategic control systems is
A. goals and objectives cannot be measured with a high level of certainty. B. they lack the flexibility needed to adjust to changes in the environment. C. they are only appropriate when the environment is stable and simple. D. they lead to complacency.
Businesses pursuing a __________ strategy focus on a narrow market segment or niche.
A. cost leadership B. differentiation C. specialization D. growth E. psychological