Mumford’s skills model includes which of these main components?

A. technical skill
B. conceptual skill
C. individual attributes
D. analytical ability


C. individual attributes

Business

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

1. At times, to be efficient in management means not using resources in the most cost-effective way. 2. One of the challenges of management is that problems and scenarios are seldom similar, so managers are not able to use past products and accomplishments as indicators of future success. 3. The ideal state that many people seek is an emotional zone somewhere between excitement and anxiety. 4. Organizations can gain a competitive advantage simply by matching their competition in terms of cutting costs and responsiveness to employees. 5. Innovation in business is defined as seeking ways to deliver less costly goods but in similar ways, maintaining employee morale.

Business

Describe four broad strategies employed by market followers to meet their competitors. Which of these is unethical?

What will be an ideal response?

Business

According to the text, graphical models are logical, preliminary steps to developing mathematical models

Indicate whether the statement is true or false

Business

Evelyn's ________ is the practical use of solar power in a vacuum cleaner that is designed to effortlessly vacuum clean the floors of on-the-go and elderly consumers

A) product placement B) product concept C) product image D) product idea E) virtual product

Business