When deciding where to locate a facility, a company considers at least four points having to do with labor. The wishes of lower-level employees are not taken into account per se, but are likely considered under this, one of the four points. Explain
What will be an ideal response?
Answer: Quality of life. Even if the opinions of the lower-level employees are not sought directly, their wants and needs are considered to some extent when a company considers crime rates, quality of local schools, weather and climate, and so on, and the effect these factors will have on all employees.
Explanation: Quality of life: Companies may pick a particular area for their facility because of the quality of life—low crime, good schools, pleasant weather, and the like.
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If the bondholder has the right to exchange a bond for shares of common stock, the bond is called a convertiblebond
a. True b. False Indicate whether the statement is true or false
Some WesternSlope Cleaning customers have long-term contracts for full-service cleaning, while others call the company as and when they require a particular service
The long-term customers have their queries handled by the company's customer service representative. The rest of its customers are directed towards voice messages when they want their inquiries to be processed. What strategy is the company adopting to achieve marketing excellence, and what is the main risk of this strategy?
The ____________ actually makes the key decisions for the firm, and the top-level management is responsible for implementing the board’s decisions.
a. Intervening board b. Passive board c. Certifying board d. Operating board
Differentiate between a firm's intended, realized, and emergent strategies.
What will be an ideal response?