Which of the below best describes the competitive tendencies of small firms?
A. Small firms tend to signal their competitive actions long before they launch those actions, because they lack legitimacy in the marketplace
B. Small firms typically have more resources available as they undertake competitive attacks than do large firms.
C. Small firms are more nimble and can respond quickly to competitive attacks.
D. Small firms are more nimble and cannot respond quickly to competitive attacks.
C. Small firms are more nimble and can respond quickly to competitive attacks.
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Intense global competition and rapid technological advances create pressure to develop projects rapidly. This is an example of reducing project duration caused by
A. Imposed project deadlines. B. Time to market. C. Unforeseen project delays. D. High overhead. E. Incentive contracts.
A planning tool that expresses the relationships among costs, volume, and prices and their effects on profits and losses is called ________.
A) cost-volume-profit analysis B) target profit analysis C) contribution margin ratio analysis D) breakeven point analysis
Companies that practice perceived obsolescence use product components that will break, wear, rust, or rot sooner than they should
Indicate whether the statement is true or false
Helen feels that it is possible for a trained monkey to do the jobs of her workers. Which researcher’s viewpoint is she espousing?
A) Max Hawthorne B) Chester Barnard C) Frederick Taylor D) Abraham Maslow