Business sales typically involve professionally trained ________ ________, who are experienced in the policies and procedure necessary to make a large deal and who have also earned the designation of CPM.
Fill in the blank(s) with the appropriate word(s).
purchasing managers
Business sales typically involve professionally trained purchasing managers, who are experienced in the policies and procedures necessary to make a large deal and who have also earned the designation of CPM.
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George, a chef and owner of L'Auberge, a popular restaurant, is always visiting his competitors to observe how they are doing things in their restaurants. He told one of his managers, "I eat dinner at a lot of restaurants because I want to know what is going on. I am always concerned that one of our competitors will surprise us with a new service or menu item, like ours but better." In which activity is George engaging?
A. competitive intelligence B. environmental scanning C. TQM D. corporate spying E. management by observation
U.S. labor relations are exceptional because of the:
A. Low levels of support for unionization and legal rights for unions B. Growing socialist movement C. Management acceptance of unions as part of running a business D. unique strength of the U.S. labor movement when compared to other countries
A employee produces 15 parts during a shift in which he made $90. What is the labor content of the product?
A) $90 B) $5 C) $6 D) $0.167 E) $1,350
The opportunity set of projects is typically smaller for MNEs than for purely domestic firms because international markets are typically specialized niches
Indicate whether the statement is true or false.