Which of the following is NOT characteristic of Levitt and March’s (1988) conception of organizational learning?

a. Learning is an organization’s adaptation to its environment
b. Organizations learn by reinforcing what they know to the point that they become experts – then learning becomes an automatic seamless process
c. Organizations learn by turning past experience into routines
d. Both a and c


d. Both a and c

Business

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At Polar Sportswear, orders have significantly exceeded projections, and Chris, the operations director, has decided to hire for a third shift in the plant. Chris is clearly operating with the use of a(n) ______ budget.

A. zero-based B. incremental C. cash D. fixed E. variable

Business

One argument in favor of accelerated depreciation is that repair expense is likely to be greater in later years

Indicate whether the statement is true or false

Business

The effectiveness of product strategies depends on the managers who carry them out

Indicate whether the statement is true or false

Business

Local suppliers are less responsive to the buying firm's changing needs and cannot economically make frequent smaller deliveries

a. True b. False Indicate whether the statement is true or false

Business