You are conducting a formative evaluation and investigated four dimensions. Since you are conducting a formative evaluation, you do not draw any conclusions; you rather describe the results obtained from the data collection instruments you used (e.g., the average score of survey data, a summary of interview data, checklists completed).

a. True
b. False


b. False

Business

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Media consumption behavior and response to promotions, price sensitivity, and retail outlets patronized are factors that should be considered in the ________ component of the environmental context of the problem

A) objectives B) legal environment C) economic environment D) buyer behavior

Business

Answer the following statements true (T) or false (F)

1. The stronger the culture, the less reliant the organization needs to be on bureaucratic management controls found in traditional industrial organizations. 2. If an organization’s culture is strong, it becomes another core competency. 3. When any manager ignores an employee action that impacts the “show” or guest experience, this does not affect other employees. 4. Once employees have been trained, hospitality managers need not spend time and energy on reminding their existing employees of the cultural values. 5. People in open-culture organizations need more time to adapt to changes in customer expectations.

Business

How can a company leverage economies of scale to its benefit?

What will be an ideal response?

Business

In what ways can a nation restrict the flow of imported goods?

What will be an ideal response?

Business