The economic imperative dominates the strategic plans of industries such as insurance and consumer packaged goods.
Answer the following statement true (T) or false (F)
False
Multinational corporations using the political imperative approach to strategic planning are country-responsive. The products sold by MNCs often have a large portion of their value added in the downstream activities of the value chain. Industries such as insurance and consumer packaged goods are examples.
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Which of the following will most help service providers overcome the limitation of intangibility of services when positioning itself?
A) using brand symbols B) sharing services C) working with larger groups D) cultivating non-peak demand E) creating a service blueprint
Answer the following statements true (T) or false (F)
1. The motivation process is shaped by unsatisfied needs and the resulting tension. 2. Needs motivation theories are generally divided into two categories: content theories and procedure theories. 3. Alderfer’s ERG theory proposed that instead of satisfying needs one step at a time, we can satisfy different levels in any order or even at the same time depending on the circumstances. 4. According to Hertzberg, eliminating poor hygiene factors will reduce job dissatisfaction, while increasing motivator factors will increase job satisfaction. 5. Once a paycheck affords a certain standard of living, then higher-level needs are already satisfied and people can pursue lower-level needs.
A sale on March 21 with terms of n/10 eom is due to be collected by
a. April 30. b. March 31. c. April 10. d. April 1.
Which of the following statements is true regarding the time value of money?
a. Compound interest will produce equal amounts of interest each period on a fixed deposit. b. Earning simple interest is more beneficial than earning compound interest. c. When making a purchase, it is better to make payment as soon as possible. d. It is better to receive $1 now than a year from now.