Once a firm finds success in a given organizational structure, it should seek to reinforce and maintain that structure for the life of the firm.
Answer the following statement true (T) or false (F)
False
Inertia, a firm's resistance to changing the status quo, can set the stage for the firm's subsequent failure. Successful firms often plant the seed of subsequent failure: They optimize their organizational structure to the current situation. That tightly coupled system can break apart when internal or external pressures occur. To avoid inertia and possible organizational failure, the firm needs a flexible and adaptive structure to effectively translate the formulated strategy into action.
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Sam is tired of seeing injustice and mistreatment of children in inner cities and has an innovative idea to help them develop self-esteem. Sam is an example of a ______.
a. social entrepreneur b. potential entrepreneur c. nascent entrepreneur d. benefit entrepreneur
In cases where Excel Solver experiences excessive run times when solving integer linear problems, the Integer Optimality is set to
a. 5%. b. 0%. c. infinity. d. a value equal to the number of integer constraints.
All of the following represent constraints on the analytical? problem-solving model EXCEPT? ______________.
Fill in the blank(s) with the appropriate word(s).
Suppose you just won the state lottery, and you have a choice between receiving $2,550,000 today or a 20-year annuity of $250,000, with the first payment coming one year from today. What rate of return is built into the annuity? Disregard taxes
a. 7.12% b. 7.49% c. 7.87% d. 8.26% e. 8.67%