Diversified public corporations such as Berkshire Hathaway and Virgin Group are examples of companies that create value using
A. deconstruction expertise.
B. parenting expertise.
C. increased market positioning.
D. excess personnel.
Answer: B
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"Serious health conditions" include:
a. pregnancy, when it results in a period of incapacity b. all conditions that require hospitalization c. all conditions that require treatment by a health care provider d. all of the above e. a and b
Carl and Rob are both engaged in road construction work. They know that several jobs are going to be up for public bids, and agree between themselves that Carl will bid on one job and Rob will bid on the other, so that they both have work for the summer. When the bids are opened, Carl realizes that Rob has bid on both jobs. Rob is awarded both contracts. If Carl now wants to sue Rob for breach of
contract: A) Carl would probably win on the basis of promissory estoppel since he has detrimentally relied upon Rob's representation that he would not bid. B) the court will likely award Carl damages since Carl is less at fault than Rob. C) the agreement is in violation of public policy and will not be enforced by the courts. D) the agreement obstructs the administration of justice and will not be enforced by the courts.
________ requires an entrepreneur to assess whether the situation faced is one that is the same as it has been traditionally or if it is changing.
A. Radical innovation strategy B. Opportunity identification process C. Pilot test D. Business process modeling
What are the advantages and disadvantages of being a first mover, second mover, and late mover?
What will be an ideal response?