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Question
Since much of what a manager needs to get done is beyond their individual capabilities, effective networking can often mean the difference between success and failure.Answer
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Related questions
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The advantage of growth through concentration is that you are growing in an area that you know and, presumably, have expertise.
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Which of the following is NOT indicative of a question mark in the BCG matrix?
a) Do not generate much profit
b) Low market shares, high-growth market
c) High market shares, low-growth market
d) Difficult for strategic decision making
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Strategic management includes strategy __________ and strategy __________.
a) negotiation; implementation
b) implementation; direction
c) formulation; implementation
d) formulation; review
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The electronic version of the basic retail strategy of selling directly to customers is known as a __________.
a) C2B business strategy
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A __________ views the world as one market and uses standardized products and advertising worldwide.
a) multidomestic strategy
b) globalization strategy
c) diversification strategy
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Which of the following is an example of a strategic question for a functional strategy?
a) "How can we best utilize the marketing department to support implementation of the business strategy?"
b) "What kind of product or service mix should we have?"
c) "How are we going to compete for customers within this this industry and in this market?"
d) "In what industries and markets should the corporation compete in?"
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Which of the following is an example of a strategic question at the business strategy level?
a) "How are we going to compete for customers in a competitive market?"
b) "What is our role in supporting engineering?"
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An environment for making decisions in which information is incomplete, yet one can still reasonably estimate probabilities for the outcomes of various options is called a(n):
a) risk environment.
b) certain environment.
c) uncertain environment.
d) programmed environment.
Q:
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a) favorable
b) good
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__________ are managers who are comfortable with intangibles and value flexibility and human relationships.
a) Risk takers
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The three different conditions or problem environments in which managers make decisions are:
a) good, neutral, and bad.
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c) absolute, uncertain, and indeterminate.
d) certain, absolute, and risk.
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James is a proactive information gatherer and a forward-thinking manager. He is an example of a:
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b) problem avoider.
c) problem creator.
d) problem solver.
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Do you support the classical view of corporate social responsibility? Give reasons.
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What does the statement "Something may be legal but unethical" mean?
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A(n) __________ is a formal statement of values and ethical standards.
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__________ justice focuses on treating people the same regardless of personal characteristics.
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Values tend to be quite flexible within individuals; therefore, employees can be trained to hold certain values.
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a) Decide which option to follow.
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c) Get the facts.
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c) acknowledging
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__________ involves building and maintaining positive relationships with other people.
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__________ describes the requirement of one person to answer to a higher authority for performance achieved in their area of responsibility.
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Global sourcing involves contracting for work to be performed in other countries.