Good mission statements are essential to being a success in business. Describe the three major characteristics that good mission statements should have
What will be an ideal response?
Major characteristics of mission statements include the following: (1 ) focus on a limited number of goals; (2 ) stress on the company's major policies and values; (3 ) definition of the major competitive spheres within which the company will operate (e.g., industry, products and applications, competence, market segment, vertical, and geographical); (4 ) a long-term view; and (5 ) should be as short, memorable, and meaningful as possible.
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Saying that overreaching in business is like "getting in front of our headlights" is:
a. an example b. a comparison c. both of the above d. none of the above
From the standpoint of displaying good interpersonal skill, what should Jody do about responding to the call?
A) Pick up her cell phone immediately and send a response explaining her plan to pay in five days. B) Place her cell phone on her lap, and send a text message the best she can without appearing to be sending a text message. C) Begin to cough, holding up five fingers suggesting that she has to leave the room for, and will return in a few minutes. While out of the conference room, Jody then sends the urgent text message. D) Wait for a break in the meeting, and then discretely compose a message to her landlord.
Jane purchased a $50,000 liability insurance policy from Insurer A. Fearing that she did not have enough liability insurance, she purchased an additional $100,000 of liability coverage from Insurer B
As a result of a negligent act, Jane was ordered to pay $75,000 in damages. Assuming the coverage from Insurer A is primary and the coverage from Insurer B is excess, how will this claim be settled? A) Insurer A will pay $50,000 and Insurer B will pay $25,000. B) Insurer A will pay $37,500 and Insurer B will pay $37,500. C) Insurer A will pay $25,000 and Insurer B will pay $50,000. D) Insurer A will pay nothing and Insurer B will pay $75,000.
Whenever the parties to an international transaction fail to specify in writing the precise terms of the contract, the United Nations Convention on Contracts for the International Sale of Goods (CISG) will be applied.
Answer the following statement true (T) or false (F)