Assume that after paying a large fine, a company survives charges of illegal activity. In what ways does illegal conduct put a company at a competitive disadvantage?


Illegal conduct can put a firm at a competitive disadvantage by diverting funds from strategic investments, tarnishing the firm's image with customers and other stakeholders, raising capital costs, and reducing sales volume.

Business

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OPEC can be considered as a "cartel" which is a group of separate companies that collectively:

A) sets prices, controls output, or takes other actions to maximize profits. B) dictates how other countries should use their products. C) produces more products in order to beat the competition. D) conducts activities that are considered illegal in the United States. E) works on forming a union against management of other companies.

Business

The term "sensitivity analysis" refers to testing how a problem solution reacts to changes in one or more of the model parameters

Indicate whether this statement is true or false.

Business

In the context of Hofstede's original four dimensions, organizations in high-power-distance countries will tend to be centralized and have tall organization structures.

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

Business

In a protean career, employees do not take responsibility for managing their careers.

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

Business