Answer the following statement(s) true (T) or false (F)
1. All the efforts to introduce technology into an organization are referred to, collectively, as re engineering.
2. Downsizing often involves the elimination of levels of management, thus shortening the communication chain.
3. The downsizing process often results in workers feeling more isolated, with a loss of team spirit and of pulling together.
4. The virtual organization is characterized by individuals who communicate and collaborate through technology, and who may never see each other.
5. One of the advantages of virtual organizations is often increased productivity.
1. FALSE
2. TRUE
3. FALSE
4. TRUE
5. TRUE
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When a company introduces a product at a very high price and then gradually drops the price over time, it is pursuing a ________ strategy
A) market-penetration pricing B) market-skimming pricing C) value-pricing D) switching cost E) loss-leader pricing
The research industry's current standard telephone interview method is referred to as ________
A) standard telephone interviewing B) central location telephone interviewing C) methodological interviewing D) interview methodology E) telephone interview method
An organization can manage a talent surplus by having its existing employees work overtime.
Answer the following statement true (T) or false (F)
The civil penalty for a person who trades on inside information:
a. is payable into the U.S. Treasury. b. must be imposed as a result of an action brought within three years after the date of the purchase or sale. c. is, for a controlling person, up to the greater of $1 million or two times the profit gained or loss avoided as a result of the controlled person's violation. d. All of these.