What is feedback? Why do you think it is important?

What will be an ideal response?


It is defined as evaluative information given to employees about their performance or behavior, whose purpose is to influence future performance or behavior.

Business

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

Indirect measures are usually preferable to direct measures because they are less costly to obtain.

Business

______ is a process in which two or more parties in conflict attempt to come to an agreement.

A. Arbitrating B. Coaching C. Handling D. Negotiating

Business

What role does a business plan play for a global entrepreneur?

What will be an ideal response?

Business

Vertical integration strategies

A. are particularly effective in boosting a company's ability to expand into additional geographic markets, particularly the markets of foreign countries. B. are one of the best strategic options for helping companies win the race for global market leadership. C. are a good strategy option for helping a company revamp its value chain and bypass low value-added activities. D. offer good potential to expand a company's lineup of products and services. E. extend a company's competitive scope within the same industry by expanding its operations across multiple segments or stages of the industry value chain.

Business