Managers should focus their attention on interrelationships among value-chain activities within the firm, not on relationships among activities within the firm and other organizations (such as suppliers and customers).

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


False

The importance of relationships among value-chain activities has two levels: (1) interrelationships among activities within the firm and (2) relationships among activities within the firm and with other stakeholders that are part of the expanded value chain of the firm.

Business

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In the reconciliation of a bank statement, "deposits in transit" should be:

a. added to the unadjusted book balance b. subtracted from the unadjusted bank balance c. added to the unadjusted bank balance d. subtracted from the unadjusted bank balance

Business

On spot electronic markets, prices of products or commodities change by the minute

Indicate whether the statement is true or false

Business

The "E" in the SELL Sequence reminds the salesperson to:

A. encounter a prospect anywhere you can. B. elevate your company's brand image. C. exploit your opportunity to sell. D. explain the product's advantage. E. enlist the help of visual aids.

Business

The situational approach labels leaders’ styles specifically as ______.

A. initiating structure and consideration B. high task and low task C. task and relationship D. directive and supportive

Business