______ is a person’s sustained motivation to a carry out a course of action or contribute to the well- being of some other person, group, or organization.

Fill in the blank(s) with the appropriate word(s).


Commitment

Business

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Sales minus variable cost of goods sold equals ________ margin

a. absorption b. contribution c. manufacturing d. variable

Business

Commitment, trust, and communication are necessary in

a. a unilateral governance structure. b. a bilateral governance structure. c. a dominant alliance. d. a reciprocal alliance. e. an innovative firm.

Business

Decentralization is frequently chosen by companies because it

A) allows higher management to make all decisions. B) allows higher management to gather local information to make better decisions. C) protects segments of the company from competitive pressures. D) allows for training and motivation of local managers. E) allows the CEO to make all important decisions.

Business

There are three phases to sales and operations planning implementation. The first phase, during which employees are trained, information systems implemented, and ideal products are identified for initial efforts is called ________

Fill in the blank(s) with the appropriate word(s).

Business