All of the following are basic activities of management EXCEPT
A) staffing.
B) planning.
C) consolidating.
D) organizing.
E) motivating
Ans: C) consolidating.
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Within a larger corporation, each SBU ________
A) has its own business portfolio B) has access to equal resources C) has separate shareholders D) is a separate profit center E) is dependent upon central management for a mission statement
Which of the following statements about the product and supplier selection stage of the business buying decision process is true?
A) Price is the only factor businesses consider before making a purchase decision. B) Even companies that have adopted a total quality management approach consider price to be the most important determinant of who to buy from. C) Before making a purchase decision, many businesses consider quality, reliability, durability, and after-the-sale service, as well as price. D) Because after-the-sale service is a negotiation point, it is not considered at this stage of the business buying decision process. E) Price and warranty are the only two factors businesses consider before making a purchase decision.
Which of the following is not one of the three aspects of the selection criteria identified by Lewis (1985) that are essential to credible decision-making:
a. individual job criteria b. functional/departmental criteria c. team criteria d. organisational criteria
A flow diagram is helpful in the logical coding procedures for programming a simulation process
Indicate whether the statement is true or false