Smell-O-Vision created an invention that would pump odors into movie theatres. It did not make it to market. This was an attempt to be an adaptive entry strategy.
Answer the following statement true (T) or false (F)
False
An adaptive new entry approach does not involve reinventing the wheel nor is it merely imitative either. It involves taking an existing idea and adapting it to a particular situation. Smell-O-Vision created a new invention to meet customer needs and therefore was an attempted pioneering new entry strategy.
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As a company manager for Claimstat Corporation there is a 0.40 probability that you will be promoted this year. There is a 0.72 probability that you will get a promotion, a raise, or both. The probability of getting a promotion and a raise is 0.25. a.If you get a promotion, what is the probability that you will also get a raise?b.What is the probability that you will get a raise?c.Are getting a raise and being promoted independent events? Explain using probabilities.d.Are these two events mutually exclusive? Explain using probabilities.
What will be an ideal response?
Which type of budgeting utilizes employees at all levels of the company?
a. Group budgeting b. Selective budgeting c. Target budgeting d. Participative budgeting
The example given in the textbook for job enlargement stated that Kamal suggests the runners could help out in the kitchen during quiet periods, washing dishes or chopping vegetables. Similarly, the hosts could leave their stations when it’s not busy to collect glasses from tables for the bar staff, and perhaps the kitchen staff could swap duties now and then, or, following some training, take turns working as sous- chef for the night. This relates to which dimension of the job characteristics model?
a. Skill diversification b. Task significance c. Task identity d. Skill variety
Bendel Inc. has an operating leverage of 7.3. If the company's sales increase by 3%, its net operating income should increase by about:
A. 3.0% B. 7.3% C. 21.9% D. 243.3%