Answer the following statement(s) true (T) or false (F)
1. Technical skills are those skills involved in making a product or providing a service.
2. Conceptual skills involve relating and interacting with subordinates and are especially important at the executive level of management.
3. Henry Mintzberg classified management skills as technical, human relations, and conceptual.
4. Decision-making/problem-solving skills are important primarily for the manager in a large organization.
5. The majority of the time spent as a manager is spent communicating with others.
1. TRUE
2. FALSE
3. FALSE
4. FALSE
5. TRUE
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The issuance of common stock increases both_____________and stockholders' equity
Fill in the blank(s) with correct word
Which of the following is not true about horizontal corporations?
A. they often draw teams from different departments to solve a problem or deliver a product. B. they have a strong corporate-wide business philosophy. C. they are characterized by lateral decision processes. D. they rely extensively on the use of vertical networks. E. they have been characterized as "anti-organizations."
Managers have four basic choices concerning international channels and resellers: domestic reseller-exporters, international reseller-importers, direct sales, or countertrade
Indicate whether the statement is true or false
Which of the following is the focus of push marketing at the growth stage of the product life
cycle? A) highlighting of the organization's product superiority compared to those of competitors B) reduction in the amount of incentives given to intermediaries in a bid to cut costs C) payment of a minimal fee to retailers to include the product in their stores D) provision of trade margins and other incentives to encourage product adoption