Why are crafting and executing business strategies the foremost tasks of any organization?
A. because they are necessary ingredients of a sound operational business model
B. because a good strategy coupled with a good strategy execution are the most telling signs of good. management and allow a company to be a standout performer in the marketplace
C. because of the contribution they make to maximizing value for shareholders
D. because doing these tasks helps executives develop an appropriate strategic vision, strategic intent, and set of strategic objectives
E. because the management skills of top executives are sharpened as they work their way through the strategy-making, strategy-executing processes
Answer: B
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If a company had a mixed cost structure, every dollar of revenue after covering the fixed costs would be pure profit.
Answer the following statement true (T) or false (F)
On Monday, Travis took his four-wheeler to Reppart's Equipment & Service for repair because the steering was not working properly. On Friday he called Reppart's to see if his four-wheeler was ready because he wanted it for a weekend trip. Reppart's said
they had done the major repairs but that the steering system still needed some work and they needed another few days to finish the repairs. Travis told them he would pick the four-wheeler up and use it for the weekend and then bring it back to have them finish their work. While riding with friends on the weekend, Travis ran into someone because the steering stuck and he couldn't swerve to avoid them. Discuss how a court would determine causation in a negligence suit against Travis.
Since the population size is always larger than the sample size, then the sample statistic
a. can never be larger than the population parameter b. can never be equal to the population parameter c. can be smaller, larger, or equal to the population parameter d. can never be smaller than the population parameter
The point in an individual's career where the likelihood of additional hierarchical promotion is low is called a:
A. career trough. B. career chasm. C. career lattice. D. career plateau.