While no one in the firm has discussed it, Brad notices everyone else seems to dress more casually on Fridays during the summer. Brad is observing part of his firm's
A. organizational culture.
B. employee obligations.
C. code of ethics.
D. human resource policy.
E. governing principles.
Answer: A
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A(n) ________ is defined by the American Marketing Association as "a name, term, design, symbol, or any other feature that identifies one seller's goods or services as distinct from those of other sellers."
A. trait B. identity C. brand D. profile E. product
Explain why a company's strategy cannot be completely planned out in advance and why crafting a company's strategy cannot be a one-time, once-and-for-all managerial exercise. Identify at least three factors that account for why company strategies evolve.
What will be an ideal response?
If the dollar is appreciating relative to the euro the euro will _____ in value relative to the dollar, with the result being that U.S. _____ will increase.
a. depreciate, imports b. appreciate, exports c. depreciate, exports d. remain stable, imports e. appreciate, imports
Randy Jones decided to run an ABC analysis of his 500 stock keeping inventory items. He found
that his average inventory was $200,000 and that there were 50 items out of the 500 that cost him $23,000. These 50 items would be classified as ________ items. A) A B) B C) C D) D