Answer the following statements true (T) or false (F)
1.An organization’s strategy is a plan of action designed to achieve a particular set of objectives.
2.An organization’s vision is a statement laying out expectations of what the organization is going to do in order to become the organization that it has envisioned.
3.An organization following a cost leadership strategy will be most interested in minimizing all internal costs, including employee costs.
4.An organization following a differentiation strategy will be more concerned with employees who are flexible and adaptable, who have the ability to innovate and create new processes, and who can work in uncertain environments within cross-functional teams.
5.The mission statement refers to the way in which an organization groups its resources to accomplish the organization’s mission.
1.true
2.false
3.true
4.true
5.false
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As it relates to values held by men and women in leadership roles, which of the following has been found by researchers?
A. women tend to focus more on social values that promote others’ welfare more so than men B. male CEOs tend to focus more on a servant leadership approach C. male and female leaders hold the same personal values D. women in leadership roles tend to focus on the passive version of management by exception
You can only appeal to someone's passion in a positive manner
Indicate whether this statement is true or false.
Which tax classifications can potentially apply to LLCs?
A. S corporation. B. Partnership and sole proprietorship. C. C corporation. D. Partnership. E. All of these choices are correct.
An oligopoly is a form of competition in which only a few businesses make up an industry
Indicate whether the statement is true or false