Sun Tzu believed, as any effective CEO should, that once you found the right formula for winning against the competition, you should still be prepared to be flexible and to be ready to change that formula, if necessary, in order to beat the competition
a. True b. False
a
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Identify a way in which the servant leader stays in touch with the challenges and problems of others.
A. By getting out of the executive suite and onto the shop floor B. By getting out of the ivory tower and into the real world C. By getting out of the headquarters and into the field D. All of these E. None of these
Which of the following can serve as a subsidiary for the finished goods inventory?
A) completed job-order cost sheets B) incomplete job-order cost sheets C) work-in-process inventory D) raw material inventory E) All of these are subsidiaries for the finished goods inventory.
FaberRoad, a respected courier brand, is fast losing its market share to competitors who do overnight deliveries of packages or offer lower prices. The company's research department has found that many customers care more about knowing exactly when a package will arrive than getting it the next day. Which strategy would best address the current state of FaberRoad and help it regain its market?
A. diversifying the different types of packages that can be transported and enabling booking through calls B. developing radio tags that could be attached to packages to allow for real-time tracking by customers' PCs and mobile phones C. engaging in expensive advertising with new tag lines and famous celebrities to enhance its brand image in the market D. employing night delivery drivers at a high cost and maintenance charges E. acquiring small transportation companies with cheaper trucks and tempos, rebranding, and using them for deliveries
Setting up a subsidiary can benefit a multinational firm because the subsidiary's company status insulates the parent from unlimited liability
Indicate whether the statement is true or false