In layman's terms, bureaucracy refers to the negative consequences of large organizations, such as excessive red tape and procedural delays.

Answer the following statement true (T) or false (F)


True

Business

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Michael Porter proposed that business-level strategies originate with the primary competitive forces in the firm's environment; these forces are

A. the threats of new entrants and the bargaining power of buyers and suppliers. B. the threats of substitute products and the services and competitive rivalries. C. the threats of new entrants and substitute products or services, the bargaining power of suppliers and buyers, and competitive rivalries. D. the threats of government paperwork and tax increases, the bargaining power of suppliers, and competitive rivalries. E. the bargaining power of suppliers.

Business

A corporation's bylaws and charter provide general guidance for conducting the business

Indicate whether the statement is true or false

Business

List the three-steps of the adjusting process.

What will be an ideal response?

Business

__________involves determining the recognized need, buying power, and receptivity and accessibility of a sales prospect

Fill in the blanks with correct word.

Business