1) In a survey of 50 corporations‚ which of the following was rated as a benefit of strategic management? A. Clearer sense of vision for the firm B. Higher levels of employee motivation C. Higher levels of job satisfaction D. Improved productivity E. Lower employee turnover 2) Research suggests that strategic management evolves through four sequential phases in corporations. The first phase is A. externally-oriented planning B. basic financial planning C. internally-oriented
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1. Reducing consumer choices makes service more efficient. TRUE 2. Product failures can be easier to remedy with modular design. TRUE 3. A service blueprint is quite similar to an architectural drawing. TRUE 4. Applied research is the major R&D effort of business organizations because of the desire for commercial application. TRUE 5. Life-cycle assessment involves incorporating where the product or service is in its life-cycle into system-design decision-making
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ANSWER ALL QUESTIONS QUESTION 1 (23 MARKS:41 MINUTES) A. Evidence comes in various types and has different degrees of reliability. Following are some statements that compare various types of evidence. a. A bank confirmation versus observation of the segregation of duties between cash receipts and recording payment in the accounts receivable subsidiary ledger b. An auditor recalculation of depreciation versus examination of raw material requisitions c. A bank statement included
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Kotler and Keller (2009) believe that marketing is about identifying and meeting human and social needs. They further explain that this idea can be simplified by defining marketing as meeting needs profitability. Some argue that marketing goes beyond meeting needs and wants. For these critics‚ their counterpoint is that marketers create products and services to make people want or need what they otherwise would not. Although this may be true with unsought goods such as insurance‚ encyclopedias‚ and
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Perception can be defined as a process by which individuals select‚ organize and interpret their sensory impressions‚ so as to give meaning to their environment. Perception is a complex cognitive process and differs from person to person. People’s behavior is influenced by their perception of reality‚ rather than the actual reality. In comparison to sensation‚ perception is a much broader concept. Sensation involves simply receiving stimuli through sensory organs‚ whereas the process of perception
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1.Last summer Drew and Sean worked at a Desjardins call centre. Their job was to call the bank’s customers and offer them a credit card with a low interest rate. At the beginning of the summer the manager of the call centre announced that the employee who made the most calls in the next 3 months would win a two-week‚ all expenses paid sailing trip. Neither Drew nor Sean experienced an increase in motivation after hearing the announcement. They had different reasons. Drew gets motion sickness on sailing
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Final Exam Questions from Previous Versions of Final Examinations 1. The largest component of Aggregate Spending is (a) consumption. (b) wage income. (c) investment. (d) net exports. (e) government transfer payments. |Fiscal policies likely to shift the Aggregate Demand curve from AD0 to AD1 would include an |[pic] | |increase in the: (a) level of government spending on national defense. (b) sale of U.S. |
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Tom Daily- PT3350 – Assignment 1 Chapter 1 Case Incident: How a UPS Manager Cut Turnover 1. In dollars-and-cents’ terms‚ why did Katriona Roeder want to reduce turnover? Katriona Roeder wanted to reduce turnover because she knew her annual savings would increase due to lower hiring costs. She was responsible for $255 million in revenue‚ yet her part-time employees had a turnover rate of 50% per year. She was well aware that fixing this issue would most definitely lead to more productivity
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explain the advantages and disadvantages of virtual teams. Outline the factors required for virtual teams to be successful.(10 marks) A virtual team is a team whose members operate across space‚ time and organizational boundaries‚ and are linked through information technologies to achieve organizational tasks. [1] With more and more corporations having their business operations going global and being enabled by the advancement of technology‚ virtual team becomes an emerging new-age trend. [2] Virtual
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I. PROPONENTS: MBA PARTNERSHIP NAMES POSITION AURELYN F. FIELDAD Operations Manager BOOTS I. VALDEZ Marketing Manager LEO CASTRO Quality Control Manager ROSETTE U. SABADO Purchasing Manager LUZVIMINDA L. APUYA Accountant‚ Bookkeeper II. SPONSOR The principal sponsors of the proposed project are the proponents themselves. III. BENEFICIARY The beneficiaries of the proposed project would be the fish industry of Caoayan‚ Ilocos Sur‚ its locals (specifically the fishermen and fish retailers)
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