Which of the following motivations for business growth involves principal-agent problems?
A. motivating managers
B. increasing profits
C. increasing market power
D. reducing risk
Answer: A
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Excel Enterprises uses a Web site, online social networks, and print advertisements to promote its products Since Excel Enterprises practices integrated marketing communications, all these different brand contacts maintain ________ in design and tone.
A) variety B) simplicity C) creativity D) consistency E) flexibility
Progressive Auto reduces its costs primarily through a shortened response time, which decreases the likelihood of legal involvement
Indicate whether the statement is true or false
Susan, the CEO of ABC Company, which was involved in the production and sale of hair care products, decided to hire new employees to develop new product lines for a planned expansion into the dog shampoo arena. She was concerned, however, that the employees specializing in canine products might leave at some point, taking company secrets with them for use in competition with ABC. She, therefore,
required that the employees sign contracts containing covenants not to compete. Susan also consulted her in-house counsel, Sam, regarding the effect of some new regulations involving the use of certain chemicals in shampoo and conditioner. Sam told her, however, to ignore the regulations until some type of investigation of the company was started. Sam says that more than likely no one will ever check to see whether or not ABC is in compliance. Susan disagrees with his advice and decides to seek other counsel. Refer to Fact Pattern 1-1 . The use of covenants not to compete involves which of the following forces identified by Michael Porter and referenced in the text? a. Supplier power b. Threat of entry c. Substitution d. Buyer power
The function of setting the limits or levels of manufacturing operations based on the market plan
and resource availability is called: A) capacity planning. B) production activity level. C) production planning. D) all of the above E) none of the above