A study by Audia, Locke, and Smith (2000) found what the authors call a “paradox of success.” What is the paradox?

A. The less successful an organization, the more it monitors the environment.
B. Organizations that monitor the environment most are the least successful.
C. Greater past success leads to greater strategic persistence following a radical environmental change.
D. Greater past success leads to greater monitoring of the environment.


C. Greater past success leads to greater strategic persistence following a radical environmental change.

Business

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Which of the following is a disadvantage of licensing?

A) The licensing company gains entry into a foreign market at a high risk. B) It takes a lot of time for the licensee to gain production expertise and name. C) Licensing is a complex way for a manufacturer to enter international marketing. D) The licensor potentially creates a competitor in the form of the licensee. E) The licensee is restricted from gaining knowledge about the licensor's intellectual property.

Business

Briefly describe four benefits that a strong brand can provide for a company

What will be an ideal response?

Business

restaurant with overscheduled staff on a slow night is an example of ______.

A. insufficient capacity in the form of busy resources and poor service quality B. excess capacity in the form of idle resources C. excellent service quality D. service recovery

Business

In the context of intentional torts, intent is defined as a specific determination to cause harm to the plaintiff

Indicate whether the statement is true or false

Business