A culture that attempts to help the greater social good is a ________ culture.

A. safety
B. customer service
C. diversity
D. communal
E. sustainability


Answer: E

Business

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Retaining current customers is more expensive than gaining new customers

Indicate whether the statement is true or false

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Management is considering replacing an existing sales commission compensation plan with a fixed salary plan. If the change is adopted, the company's

a. break-even point must increase. b. margin of safety must decrease. c. operating leverage must increase. d. profit must increase.

Business

The concept of strategic choice – meaning managers in positions of control make strategic decisions which effect the configuration of the organization – was developed by ____________.

a. Henry Mintzberg b. The Aston researchers c. Howard Aldrich d. John Child

Business

S calls B and says, "I will sell my 1966 Mustang convertible to you for $3,000." B knows that the car is worth $4,000 . B replies, "Would that include the trunk-mounted spare tire?" S hangs up without a word. B calls back in three days and says, "I'll buy the car for $3,000." Is there a contract? Discuss fully

Business