Which of the following is not a supertrend shaping the future of business?

A. more niche products
B. information becoming a competitive advantage
C. traditional companies struggling with radically innovative change
D. offshore suppliers affecting U.S. business
E. faster speed-to-market


B. information becoming a competitive advantage

"Information is rapidly becoming a profitless commodity, and knowledge is becoming the new competitive advantage," says San Diego management consultant Karl Albrecht.

Business

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________ refers to a measure of the sensitivity of demand to changes in price

A) Price elasticity B) A demand curve C) Price-value equation D) Marginal utility E) Income elasticity of demand

Business

Which of the following are among the five actions that Professor Melvin Sharpe indicates can "harmonize" relations between individuals and organizations?

A) measured remarks that foster credibility B) environmental research and evaluation to determine actions or adjustments needed C) continuous one-way communication D) credible actions that favor the organization

Business

Which retail assortment strategy is used by a traditional department store?

a. wide and deep b. narrow and shallow c. wide and shallow d. narrow and deep

Business

The ____ is how the received role is expressed or redefined by the individual assuming the role.

a. Enacted role b. Leading role c. Person-role d. Role change

Business