An organization that is diversifying its product line is exhibiting what type of corporate strategy?

A. turnaround strategy
B. retrenchment strategy
C. growth strategy
D. stability strategy


Answer: C

Business

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Which of the following ethical requirements is the type of responsibility established by the precedents of tort law?

A. Duty to engage in charitable work B. Duty to volunteer for causes related to the environment C. Duty to find employment for employees injured at work D. Duty to not cause avoidable harm to the society

Business

Several sales representatives complain that Victor shows a lack of consideration for their ideas and feelings and treats them all like cogs

Which of the following would most likely help Victor improve his consideration skills? A) Make blanket policies to treat employees equally and consistently. B) Take a communication skills class to learn how to read nonverbal clues. C) Schedule face-to-face meetings with sales representatives on a regular basis. D) Make decisions quickly and firmly to ensure the success of the entire sales team. E) Make SMART goals to improve sales results and increase long-term organizational profits.

Business

Which is the best paraphrase for “I hate my job and I quit!”?

A. “Sounds like you had a tough day.” B. “So you hate your job and you quit.” C. “You can’t afford to quit.” D. all of these

Business

Which of the following companies would be the most likely to adopt a job order costing system?

A) Beverage manufacturer B) Oil Refinery C) Custom Home Contractor D) Clothing manufacturer

Business