QUESTION What is sustainability and how does it keep companies competitive? What will be an ideal response? ANSWER Sustainability is the capacity for an organization to create profit for its shareholders today, while making sure that its business interests are in the best interests of the environment, and stakeholders of the future. Sustainable businesses […]
QUESTION The fourth decision making step is ________. a. rank the alternatives b. identify the goal(s) to be achieved and the decision to be made c. list alternatives d. isolate the facts ANSWER a
QUESTION New Beginnings Spa has introduced its own original organic skin care line. The company is donating a percentage of its profits to the National Breast Cancer Foundation, Inc The marketing goal achieved by this strategy is ________. a. affective b. psychological c. behavioral d. rational ANSWER a
QUESTION The fifth decision making step is ________. a. decide and act b. list alternatives c. isolate the facts d. rank the alternatives ANSWER a
QUESTION The second decision making step is ________. a. isolate the facts b. list alternatives c. decide and act d. identify the goal(s) to be achieved and the decision to be made ANSWER a
QUESTION The availability of labor thus can heavily influence a company’s decision of where to set up. Indicate whether the statement is true or false ANSWER TRUE
QUESTION Just-in-time (JIT) inventory control ensures materials arrive and leave a facility at exactly the time when they are needed, not before or after. Indicate whether the statement is true or false ANSWER TRUE
QUESTION Entrepreneurs make some common mistakes. What is not one of them? a. They do not have enough experience in economics and finance. b. They incur too much credit card debt. c. The do not properly predicting cash flow. d. They use excess personal funds to finance the business. ANSWER d
QUESTION One trick to successfully using online customer forums is to discourage dissatisfied customers from posting their experiences. Indicate whether the statement is true or false ANSWER FALSE
QUESTION Which of the following is an example of a behavioral goal? a. Increase visits to website by 50 unique visits per week. b. Keep visitors at our website an average of 2 more pages per visit. c. Increase the number of online purchases by 12%. d. Increase the number of subscriptions to our email […]
