Describe how behavior-focused strategies can benefit entrepreneurs.
What will be an ideal response?
Behavior-focused strategies help increase self-awareness to manage behaviors particularly when dealing with necessary but unpleasant tasks. Behavioral strategies are designed to bring about successful outcomes through positive behaviors, and suppress or eliminate those negative behaviors that lead to bad consequences.
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According to Michael Porter, which of the following is a narrow market strategy for creating competitive advantage?
A) vertical integration B) horizontal integration C) cost leadership D) focused differentiation
The conservatism convention should not be used when the accountant is certain of a particular measure
Indicate whether the statement is true or false
A _________ is an activity in which a union participating in a strike against one company pressures other unions to boycott organizations that do business with that company.
A. jurisdictional strike B. wildcat strike C. coordinated strike D. reverse boycott E. secondary boycott
Loren and Kendra enter into a contract for the distribution of Loren's produce to local restaurants for which he agrees to pay Kendra. Kendra transfers her right to payment under the contract to County Bank. This transfer is
a. a delegation. b. an assignment. c. a third party beneficiary contract. d. prohibited.