A ________ is a broad statement of an organization's purpose that provides an overall guide to what organizational members think is important.

A. mission
B. proposal
C. project
D. preamble


Answer: A

Business

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Which of the following is true of competency-based plans?

A. These plans are free of biases and judgments. B. These plans eliminate the need to control costs. C. Managers who use these plans focus on placing the right people in the right job. D. These plans maximize flexibility. E. Results of these plans are always reliable and valid.

Business

During a crisis briefing, the question-and-answer session should last at least 30 minutes

Indicate whether the statement is true or false

Business

Strategic offensives should, as a general rule, be based on

A. satisfying the buyer's needs that the company seeks to meet. B. scoping and scaling an organization's internal and external situation. C. molding an organization's character and identity. D. exploiting a company's strongest competitive assets-its most valuable resources and capabilities. E. instigating and executing the chosen strategy efficiently and effectively.

Business

The practice of charging different customers different prices for the same product is called

A. price discrimination. B. price inflation. C. price fixing. D. predatory pricing. E. deceptive pricing.

Business