QUESTION The idea that employees need to believe that their performance will actually lead to rewards is what Victor Vroom called ________. a. valence b. instrumentality c. expectancy d. self-actualization ANSWER b
Date: September 3rd, 2020
QUESTION Which of the following actions would you take to gather information for a job analysis? A) Interview people who currently hold or have held the position in question. B) Directly observe employees in another company who hold positions similar to the one you are analyzing. C) Consult a list of job descriptions published annually […]
Date: September 3rd, 2020
QUESTION Recruiting is the process of A) having a new employee fill out required documentation after accepting a job offer. B) winning employees’ buy-in for a major transformation program in the company. C) reviewing an employee’s performance to evaluate strengths and areas needing improvement. D) creating a pool of potential applicants from which to select […]
Date: September 3rd, 2020
QUESTION Buy one, get one free is an example of what pricing strategy? What will be an ideal response? ANSWER discounting
Date: September 3rd, 2020
QUESTION A business plan is a ________. a. program that details a network of contacts to support a business. b. formal document that outlines a company’s goals and strategies. c. list of tasks and a time frame for accomplishing them. d. research paper on the viability of a business proposal. ANSWER b
Date: September 3rd, 2020
QUESTION What form of business combines the limited liability advantages of a corporation with the tax advantages of a partnership? a. limited partnership b. limited corporation c. limited liability company d. limited liability partnership ANSWER c
Date: September 3rd, 2020
QUESTION Why is it important to create a coalition in order to ensure successful change? What will be an ideal response? ANSWER Without support, you won’t be able to get the program off the ground. Ideally, you’d want the support of the entire organization, but if you wait for that before going through with […]
Date: September 3rd, 2020
QUESTION The ultimate goal of different types of marketing communication is to achieve customer loyalty. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION Which is NOT a typical element of a business plan? a. terms for credit purchases b. mission statement c. marketing plan d. financial analysis ANSWER a
Date: September 3rd, 2020
QUESTION What is the best example of an oligopoly? a. agriculture b. public utilities c. steel companies d. retail trade ANSWER c
Date: September 3rd, 2020
