How can a manager tell a winning strategy from a strategy that is mediocre or a loser?
What will be an ideal response?
The mark of a winning strategy is strong company performance. Two kinds of performance indicators tell the most about the caliber of a company's strategy: (1) competitive strength and market standing and (2) profitability and financial strength. Above-average financial performance or gains in market share, competitive position, or profitability are signs of a winning strategy.
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Amanda has always been inclined toward baking and wants to open her own bakery. She takes a loan of $20,000 from the bank and starts a bakery in her hometown. In the context of the four forms of business, Amanda most likely _____.
A. owns a limited liability company B. has a sole proprietorship C. has a general partnership D. owns a statutory close corporation
The Federal Aviation Administration uses notice-and-comment rulemaking. The final rule in such a proceeding has binding legal effect? A) after a court affirms it
B) until the next presidential election. C) once Congress approves it. D) unless a court overturns it.
Which one of the following is not a personal defense?
A) Infancy, to the extent that it is a defense to a simple contract B) Breach of contract C) Non-delivery of an instrument D) Failure of consideration
The _____ function returns the current system date in MS Access
a. TO_DATE() b. SYSDATE() c. DATE() d. TODAY()