Which of the following is false regarding how a differentiation strategy can help a firm to improve its competitive position relative to the Porter five-forces model?
A. Firms will enjoy high customer loyalty.
B. Supplier power is increased, because suppliers will be able to charge higher prices for their inputs.
C. It reduces buyer power because buyers lack comparable alternatives.
D. By increasing firm margins, it avoids the need for a low-cost position.
Answer: B
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The ___________________ includes five managerial styles: impoverished, country club, authoritative, middle-of-the road, and team.
a. situational leadership grid b. managerial grid c. Hersey grid d. none of the above
Jennifer assumes that because one of her coworkers, Shanika, is physically attractive, she is also talented, fun to be around, and hardworking. This example demonstrates ______.
a. first impression theory b. the horns effect c. reciprocal physical attraction d. the halo effect
Matthew is an American businessman working in India. He believes that women’s role in the workplace in India should be the same as it is in the United States. Matthew’s attitude is ______.
A. ethnocentric B. interdependence C. group bias D. postmaterialism
Assuming a discount rate of 8 percent, what is the present value of $800,000 three years from now?
A) 635,065.79 B) 685,871.06 C) 740,740.74 D) None of the above is correct.