QUESTION A job description details the personal qualities the employer considers important for the position in question. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION Setting high goals can be motivating and beneficial for an organization. However, according to SMART goal setting, if goals are extremely aggressive and too high to achieve the biggest risk involved is ________. a. disappointment and loss of morale b. not clearly defining the goal c. excitement and loss of morale d. not knowing […]
Date: September 3rd, 2020
QUESTION Recruiting is the process of offering a promising candidate a job. Indicate whether the statement is true or false ANSWER FALSE
Date: September 3rd, 2020
QUESTION Technology has created new modes of innovation. Explain this statement with an example. What will be an ideal response? ANSWER Companies like Google, Facebook, and Apple are changing the nature of innovation by allowing customers to use technology to create unique, personalized products and services. No two Google homepages or iTunes libraries are […]
Date: September 3rd, 2020
QUESTION ________ act as the basis for managers to figure out how the business is doing. a. Vision statements b. Training and development c. Performance standards d. Mission statements ANSWER c
Date: September 3rd, 2020
QUESTION When you are a delegatee, you should do all of the following EXCEPT ________. a. make a comprehensive review of everything, including events that could cause delays b. alert your manager if will not be able to make a deadline, but only after you are at least a week late c. bring what you […]
Date: September 3rd, 2020
QUESTION Technological advances like Twitter give customers an almost instant impact on the quality of the products they receive. Indicate whether the statement is true or false ANSWER TRUE
Date: September 3rd, 2020
QUESTION SMART goals should be all of the following EXCEPT ________. a. attainable b. relevant c. specific d. spontaneous ANSWER d
Date: September 3rd, 2020
QUESTION Compare and contrast a monopoly and a monopolistic competition. What will be an ideal response? ANSWER In a monopoly, there is only one seller in the marketplace, which is almost impossible to enter. The product is unique, meaning there are no substitutes for it. Public utilities are an excellent example of monopolies. In […]
Date: September 3rd, 2020
QUESTION Innovations are successful only if customers want them. Explain this statement with an example. What will be an ideal response? ANSWER Innovation is change that customers reward with their purchasing power. The text cites a good example of this with the Nokia cell phone. Nokia introduced a phone with many high-tech features, but, […]
Date: September 3rd, 2020
