List and explain the nonfinancial resources that are crucial for the success of a business.

What will be an ideal response?


Answer: Nonfinancial resources include the following: legitimacy, which includes people's judgment of a company's acceptance, appropriateness, and desirability; networks, mainly in the form of social capital—being a part of a social network and having a good reputation; top management teams to ensure the business is operating at its best; advisory boards, which can help entrepreneurs learn the basics; and partners, who can help with accessing capital, spreading the workload, and sharing the risk and expertise.

Business

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For a powerful negotiator, anger is helpful - it focuses their attention on what they want and leads them to be more assertive and to claim more value in a competitive negotiation.

Answer the following statement true (T) or false (F)

Business

When do you submit a statement of work (SOW) for your evaluation project to your client?

a. after the first meeting with the client b. after determining survey questionnaires to be used c. at the end of the planning phase of the project d. at the end of the identification phase of the project

Business

______ is now the top reason for job satisfaction, overtaking job security as the top driver of satisfaction back in 2013.

A. Pay B. Equity C. Expectancy D. Overtime

Business

Interactional justice involves the employees of the firm who provide the service recovery and their behavior toward the customer

Indicate whether the statement is true or false

Business