Describe the three sources of power for a channel captain
What will be an ideal response?
There are three potential sources of power for channel captains. A channel captain has economic power when it has the ability to control resources. A channel captain has legitimate power when it has the legal authority to call the shots. A channel captain has reward or coercive power if it engages in exclusive distribution and has the ability to give profitable products and to take them away from the channel intermediaries.
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A strain resulting in accidents and errors, alcohol use, caffeine intake, drug use, smoking, and workplace deviance (e.g., doing inferior work on purpose, stealing, damaging property) is known as a ______ strain.
A. physiological B. behavioral C. psychological D. stress response
The intensity of rivalry among competing sellers does not depend on whether
A. industry conditions attract industry members to use price cuts or other competitive weapons to boost total sales volume and market share. B. strong companies outside the industry have acquired weak firms in the industry and are launching aggressive moves to transform the acquired companies into strong market contenders. C. one or two rivals have particularly powerful and successful strategies to grow the business, attract and retain buyers, and develop a sustained competitive advantage. D. the industry has more than two strong driving forces and whether the industry has more than two diverse and capable strategic groups. E. competitors are diverse in terms of long-term directions, objectives, strategies, and countries of origin.
Navern Corporation manufactures and sells custom home elevators. From the time an order is placed until the time the elevator is installed in the customer's home averages 90 days. This 90 days is spent as follows: Wait time40daysInspection time2daysProcess time18daysMove time20daysQueue time10days?What is Navern's manufacturing cycle efficiency (MCE) for its elevators?
A. 64.0% B. 36.0% C. 20.0% D. 45.0%
The first step in the decision making process is to identify the problem
Indicate whether the statement is true or false