ch2 Student: ___________________________________________________________________________ 1. An operations and supply chain strategy must be integrated with the organization’s corporate strategy. True False 2. One of the competitive dimensions that form the competitive position of a company when planning their strategies is cost. True False 3. One of the competitive dimensions that form the competitive position of a company when planning their strategies is delivery speed. True
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HW # 2- Quiz Chapter 2 1.Corporate Financing. How can a small‚ private firm finance its capital investments. Give two or three examples of financing sources. A small‚ private firm can finance its capital investments in financial markets and intermediaries. The intermediaries include hedge funds‚ mutual funds‚ pension funds‚ and financial institutions such as banks and insurance companies. 2.Corporate Financing. Is it possible for an individual to save and invest in a corporations without lending
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Chapter 2: Aid for investment -What is the financing gap? Gap between required investment and domestic saving -Explain the Harold-Domar approach and its failings? GDP growth will be proportional to the share of investment spending in GDP. Its failings are that this model applied more to the short-run business cycle in rich countries. Also‚ he was writing in the aftermath of the Great Depression‚ thus taking high unemployment as given. -True or False. There is no relationship between aid and
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colony exists to benefit mother country; Brit gave naval protection Indirect tax – you don’t know you’re taxed Colonies haphazardly placed Prime Minister George Grenville enforced Nav Laws: 1. Imperial trade done on Brit ships w/ ¾ crew British; 2. Only certain goods exported to foreign countries unless they go through Britain; 3. Economic diversification; 4. Colonies a protected market for low price consumer goods Sugar Act- raise tax on molasses; Woolen Act- banned export of American wool products;
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Case Seven: Selection Decision Making My name is _____ and I am currently a consultant of Manger Consulting. Our mission is to provide our expertise in management and staffing services of other organizations I’ll have recommendations on selection decision making for Tanglewood. A detailed selection plan will be generated for the new manager position in Spokane‚ a panel will be developed for the selection making decision‚ and guidelines that can be used throughout the chain will be completed. Selection
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friends‚ families‚ and people they are acquainted with. An online social networking site simply makes our social networks visible to others who are not in our immediate network. So the single most important feature that distinguishes a social network from a community is how people are held together on these sites. In a social network‚ people are held together by pre-established interpersonal relationships‚ such as kinship‚ friendship‚ classmates‚ colleagues‚ business partners‚ etc. The connections are
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as _____. Select one: a. divisions created between groups of people in a society based on the social prestige accorded by a person’s occupation‚ lifestyle‚ or membership in certain organizations b. the unequal distribution of wealth that results from private ownership and people’s tendency to preserve surplus wealth rather than share it with others c. systematic inequalities between groups of people that arise as intended or unintended consequences of social processes and relationships Correct
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Chapter 2 Progress Questions: 1. Explain the term business ethics. The application of ethical standards to business behavior. 2. Explain the difference between a descriptive and prescriptive approach to business ethics. The descriptive you are merely observing what is going on; where as with prescriptive‚ you are giving advice on what should be happening. 3. Identify six stakeholders of an organization. Stockholders‚ Employees‚ Customers‚ Suppliers‚ Retailers‚ Federal Government 4. Give
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Business Project Management MGT 172 Chapter 2: Organization Strategy and Project Selection April 8‚ 2010 UCSD – MGT 172 - Business Project Management This information may not be used or reproduced without prior written approval of the authors. Some content © 2008 The McGraw-Hill Companies‚ All Rights Reserved Slide 1 Class Roadmap April 8‚ 2010 UCSD – MGT 172 - Business Project Management This information may not be used or reproduced without prior written approval of the authors. Some content
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Chapter 2 1. (a) Using Medtronic as an example‚ explain how a mission statement gives a strategic direction. (b) Create a mission statement for your own career. Answer: (a) A mission statement gives strategic direction by stating the “what” and “how” of a business in a clear‚ concise‚ meaningful‚ inspirational‚ statement that will continue to be relevant in the long-term. Medtronic’s mission statement identifies its customers‚ market‚ products and technology. They stated the business
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