A strategic alliance is an arrangement between two or more companies whereby they agree to ally themselves and work together to accomplish a designated objective
Indicate whether the statement is true or false
TRUE
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In expectancy theory, __________ expectancy is the expectancy that putting effort into a given task will lead to high performance.
Fill in the blank(s) with the appropriate word(s).
Answer the following statements true (T) or false (F)
1. “Quality is a virtue of design” means that if products are well designed, there will be fewer operations problems, the product will be easier to sell, and servicing the product will be less costly. 2. Capacity is the number of products an organization can produce. 3. Facilities are the physical resources used in the operations process. 4. Internal operations systems should be designed to align with the external environments.
Define internal rate of return. What is the advantage of using internal rate of return as compared to net
present value? What will be an ideal response?
LVMH, a maker of luxury-goods, has expanded its products offerings into China, Russia, India and the Middle East. This exemplifies a _____ strategy.
A. market development B. product development C. market penetration D. diversification E. product expansion