Choose the appropriate standards-setting strategy for a firm that: possesses the required skills and resources to establish their particular technology as the standard, barriers to imitation are high, and there are few capable competitors
a. aggressive sole provider
b. passive multiple licensing
c. aggressive multiple licensing
d. selective partnering
e. passive partnering
a
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A physical inventory count is an example of a
a. preventive control b. detective control c. corrective control d. feedforward control
Most companies rely on a dedicated team or individual to take care of their social media. Breaking apart this traditional way of working, Miles set out to create a platform to help businesses include their entire workforce in online campaigns. Working on the premise that anyone engaged with the business might have positive ideas about how to promote the company, the system enables management to set competitions and prizes to encourage everyone to suggest ideas for social media initiatives. As well as boosting employee motivation, Miles helps businesses to take full advantage of the ______ of their staff.
A. originality B. creativity C. inventiveness D. vision
Waiting for a product is which type of flow?
a. Customer b. Information c. Material d. Work
Business analysis refers to the stage of the new-product development process
A. where the direction a company will take in developing a new product is determined. B. where it is decided if a product can be developed and marketed within the time and budget constraints of the company. C. where a concept test is performed to determine if the product will sell. D. where a SWOT analysis and environmental scanning are used to determine if a new product will help strengthen the firm's marketing plan. E. where a new product is analyzed to determine its profitability.