Organizational culture can help a firm gain and sustain competitive advantage only if the culture makes a positive contribution to the firm's economic value creation and
A. does not demonstrate causal ambiguity.
B. obeys the VRIO principles.
C. displays an absence of social complexity.
D. eventually gives way to core rigidity.
Answer: B
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Balser Corporation manufactures and sells a number of products, including a product called JYMP. Results for last year for the manufacture and sale of JYMPs are as follows: Sales $960,000 Less expenses: Variable production costs$464,000 Sales commissions 144,000 Salary of product manager 100,000 Fixed product advertising 160,000 Fixed manufacturing overhead 132,000 1,000,000 Net operating loss $(40,000)Balser is trying to decide whether to discontinue the manufacture and sale of JYMPs. All expenses other than fixed manufacturing overhead are avoidable if the product is dropped. None of the fixed manufacturing overhead is avoidable.Assume that dropping Product JYMP will have no effect on other products. The annual financial
advantage (disadvantage) for the company of eliminating this product should be: A. ($132,000) B. ($92,000) C. $40,000 D. ($172,000)
The manager of the Dairy Barn must decide whether to introduce a new frozen dessert that has not been previously sold. What type of decision would this represent?
A. automatic B. inconsequential C. predetermined D. nonprogrammed E. rule-based
The GL supervisor usually reports to the ______________________________.
Fill in the blank(s) with the appropriate word(s).
Which of the following is true of a Statement of Cash Flows for a private college or university?
A. Cash flows must be presented separately for Unrestricted, Temporarily Restricted, and Permanently Restricted categories. B. Either the direct or indirect method is acceptable. C. Four categories are used: Operating, Capital Related Financing, Non-capital Related Financing, and Investing. D. All of the above are true.