According to Wirtz et al., which environment is characterized by ‘rapid, discontinuous and simultaneous change in demand, competitors, technology and regulation’?
a. High-velocity
b. Disproportionate
c. External
d. Internal
a. High-velocity
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When we rely on physical appearance to make judgments regarding both the categories people belong to and the traits they possess, we are making ______ associations.
A. feature-trait B. clothing-trait C. facial-trait D. stereotypical
Which of the following is an approach a company can use to create a buffer for forecast error using safety inventory?
A) Overtime B) Carry extra workforce permanently C) Build and carry extra inventories D) Subcontracting
A 25-year, $1,000 par value bond has an 8.5% annual payment coupon. The bond currently sells for $925. If the yield to maturity remains at its current rate, what will the price be 5 years from now?
A. $883.61 B. $744.09 C. $976.62 D. $930.11 E. $865.00
What is the engine behind globalization? Provide a real-world example.
What will be an ideal response?