Decision making

a. has no sequential steps.
b. involves selecting one course of action from several alternatives.
c. eliminates uncertainty and risk.
d. all of these choices.


B

Business

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Which type of risk arises from the choice of a company’s sourcing strategy?

A. sourcing risk B. strategy risk C. market risk D. implementation risk

Business

Efficiency-enhancing unionism sees labor union as:

A. Strategic business partners B. Adversaries of business C. Reformist organizations D. Activist organizations

Business

In theory, the concept of differential pricing decreases total cost for a firm

Indicate whether the statement is true or false.

Business

The Ford Motor Company has entered into an alliance with Yves Saint Laurent, a maker of clothing and one of the most successful fashion houses in the world. Yves Saint Laurent is headquartered in France. Ford will use Yves Saint Laurent designs and color traditions in its production of luxury models of the company's Expedition SUV and Lincoln vehicles. The Yves Saint Laurent elements will appear in the interior and body paint color. This alliance would most likely be classified as

A. a strategic alliance. B. a joint venture. C. a global direct ownership. D. a multinational enterprise. E. contract manufacturing.

Business