The U.S. Congress passed the Sherman Antitrust Act in 1890 in an attempt to prevent monopoly in business.
a. true
b. false
Answer: a. true
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If we value honesty over deception, we classify honesty as
a. desirable. b. undesirable. c. strange. d. neutral.
The progress of an individual or group as a result of training can be plotted on a chart to form a(n):
A. utility curve. B. knowledge inventory. C. skills map. D. learning curve.
Lauren is listening to a coworker describe a problem with her supervisor. As she listens, Lauren is trying to put herself in her coworker’s situation and understand the real problem between the supervisor and her coworker. Lauren is using _______ skills to complete this task.
A. technical B. human relations C. conceptual and design D. business E. documentation
The concept of strategic groups is relevant to industry and competitive analysis because
A. the profit potential of firms in the same strategic group is usually very similar. B. firms in the same strategic groups are rarely close competitors-a firm's closest competitors are usually in distant strategic groups. C. competitive pressures tend to be weaker within strategic groups than across strategic groups. D. strategic group maps help identify how each competing firm is positioned and the relationship to its closest competitors. E. competition grows in intensity as the number and diversity of the strategic groups in an industry increases.