Keiser University MAN4631 Global Strategy and Policy Chapter 6 Review questions. - Name _________________Points ___________Grade_____ 1. Whenever an organization diversifies‚ it represents investing a stockholder’s funds in a way in which the individual investor is unable. True (p. 198) 2. When firms diversify into unrelated businesses‚ the primary potential benefits are horizontal relationships‚ i.e.‚ businesses sharing tangible and intangible resources. False (p. 198)
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Chapter 10 Review Questions 1. A market is customers who have the power to purchase. Without marketing research‚ an entrepreneur would have no idea what type of business venture to take on. 2. (1) Defining the purpose and objectives of the research- meaning that you will need to explain the informational requirements of the decision to be made accurately. (2) Gathering secondary data- involves using data that is already compiled. There are two forms‚ internal and external. (3) Gathering primary data-
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Chapter 6 Review Questions 1. What are the necessary hardware components of a POS system? What are the varieties of each component? The necessary hardware components of a POS system are POS order entry units & POS printers. The varieties of each component are: POS order entry units: Keyboards & monitors Touchscreen terminals Handheld terminals POS printers: Guest check printers Receipt printers Workstation units Journal printers 2. How do preset keys differ from PLU keys? Preset keys are part of
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project members to complete the project. The metaphor fails to capture the intricacies of dealing with all of the project stakeholders (government officials‚ contractors‚ top management‚ customers) that impact the project. Other metaphors that emerge from class discussions include: quarterback‚ steering wheel‚ and ship’s captain. 3. What does the exchange model of influence suggest you do to build cooperative relationships to complete a project? According to the exchange model of influence‚ the
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Chapter 6 Review Questions 1. Coral reefs are elaborate networks of crevices‚ ledges‚ and holes made up of calcium carbonate; coral polyps are tiny animals that build coral reefs by secreting a crust of limestone around their bodies that accumulate once multiple polyps die. Coral reefs help moderate atmospheric temperatures by removing CO2 from the atmosphere‚ act as natural barriers that help protect 15% of the world’s coastlines from erosion by battering waves and storms‚ provide habitats for
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CLOSING CASE FOR CHAPTER 4 WAL-MART’S CHINESE SUPPLIERS Wal-Mart is the world’s largest retailer. It built to dominance on the mantra of “everyday low prices”. The low price has required Wal-Mart to source many of the goods it sells from factories that operate at the low cost. Wal-Mart has an ethical supplier’s code of conduct. Amongst other things in the code of conduct are: 1. The supplier do not employ under wage labour 2. They must pay the labour at least the legal minimum wage for
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option for Ben‚ from a strictly financial standpoint? 4. In choosing between the two schools‚ Ben believes that the appropriate analysis is to calculate the future value of each option. How would you evaluate this statement? 5. What initial salary would Ben need to receive to make him indifferent between attending Wilton University and staying in his current position? Assume his tax rate after graduating from Wilton University will be 31 percent regardless of his income level. 6. Suppose‚ instead
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Google’s Closing Case Questions 1. How does Google’s mission drive strategy at the company? Google’s mission to organize the world’s information and make it universally acceptable and useful helped it develop a very useful search engine that we all use or have used on a regular basis. They run on the mantra “don’t be evil!” They came up with the saying in the hopes to always run the business with integrity. One aspect of this was the decision to not let outside companies’ interests bias where
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10 Science Questions Every High School Graduate 1. What percentage of the earth is covered by water? Answer: About 71 percent of the earth’s surface is covered by water. --Submitted by Robert Gagosian‚ Woods Hole Oceanographic Institute 2. What sorts of signals does the brain use to communicate sensations‚ thoughts and actions? Answer: The single cells in the brain communicate through electrical and chemical signals. --Submitted by Torsten Weisel‚ Rockefeller Institute‚ New York 3. Did
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chapter Six businesses and Their Costs ANSWERS TO END-OF-CHAPTER QUESTIONS 6-1 Distinguish clearly between a plant‚ a firm‚ and an industry. Contrast a vertically integrated firm‚ a horizontally integrated firm‚ and a conglomerate. Cite an example of a horizontally integrated firm from which you have recently made a purchase. A plant is an operating unit where production takes place. This production can be manufacturing‚ farming‚ mining‚ retailing‚ wholesaling‚ warehousing—anything
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