The Bank of England, as well as the ECB, put price stability first among all goals. This is known as a ________
A) hierarchical mandate
B) dual mandate
C) singular mandate
D) ubiquitous mandate
A
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In China, Dell had to find a meaningful interpretation of "direct sales." A literal translation results in zhi xiao which is the Chinese term for "illegal pyramid marketing schemes"
To counteract the negative connotation, Dell's sales representatives began using the phrase zhi xiao ding gou, which translates as: A) direct orders. B) direct marketing. C) pyramid orders. D) pyramid scheme. E) direct shipping.
There are no pure market or command allocation systems today
Indicate whether the statement is true or false
A large organization with a mission emphasizing growth in new markets will often focus on
increasing its market share within its current market, with the intent on dominating a particular niche. Indicate whether the statement is true or false
Answer the following statements true (T) or false (F)
1. A team may be considered virtual only if it never meets face-to-face. 2. The availability of technology really means face-to-face meetings are no longer necessary or important. 3. The two major challenges facing virtual teams are dealing with communications problems and resistance to technology. 4. Since team members are dispersed, there is no need for leadership on virtual teams. 5. Videoconferencing, because of its richness, is very useful for all tasks.