What is one of the benefits of industry classification systems like NAICS?
A. They are the only type of data needed for industry segmentation.
B. They can be applied to the whole world no matter which system is used.
C. They make it easy for business marketers to identify potential customers.
D. They allow for the classification of industries without any repetition.
E. They provide a consistent means of categorizing industries.
Answer: E
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Toyota learned many things from its partnership with GM, however American managers involved in the venture complained that:
A) Toyota learned many things about the U.S. supply system. B) Toyota learned about the U.S. transport system. C) Toyota learned about managing American workers. D) Toyota did not apply manufacturing expertise at GM plant. E) Toyota applied its expertise at its Camry plant.
If you were tasked with identifying the strategic issues and problems that merit front-burner managerial attention at SunPower, you would most likely not begin by
A. drawing up a list of issues and problems that SunPower management need to address to improve the company's position and prospects. B. drawing upon the results and conclusions from evaluating SunPower's own resources and competitive position. C. drawing upon the results and conclusions from analyzing SunPower's external environment. D. drawing up a list of strategic issues and problems that SunPower faces first. E. drawing up a worry list for SunPower consisting of "how to…," "whether to…," and "what to do about…".
A bad-news message, whether delivered in person or in writing, is usually better received when you A) give the reasons before the bad news
B) immediately share the bad news. C) provide the reasons and explanations but conceal the bad news. D) combine the buffer and bad news.
A question related to inventory levels that a company needs to ask is, ______?
a. How can we minimize the cost of inventories b. Where should these inventories be located c. How can these inventories be insured d. How can these inventories be transported