The record industry has been forced into a ______ change because of the prevalence and ease of illegally downloading music.

A. technology
B. structure
C. culture
D. people
E. strategy


E. strategy

Shifts in the marketplace often may lead organizations to have to change their strategy. Illegal file sharing has had a negative effect on CD sales of the largest record labels recently, but the broader music industry (independent music labels, live performances, merchandise) actually did extremely well, suggesting that old-line companies need to dramatically change their strategies.

Business

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What determines residual value?

A) company policy B) GAAP for each class of asset C) IFRS D) FASB

Business

The bank statement ________.

A) must include physical copies of canceled checks B) must be mailed to customers each month C) does not include an ending balance of the customer's account because the bank cannot determine which checks have been cashed during the statement period D) may show service charges, EFT collections from customers, and EFT withdrawals

Business

Routine request and response messages should be written using ________

A) the indirect strategy B) persuasive techniques C) the direct strategy D) heightened emotion

Business

________ are groups of individuals from around the globe that meet through the use of technological aids without all of their members being present in the same location.

A. Process consultants B. Product consultants C. Boundary spanners D. Virtual teams

Business