student extra credit questions
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What does planning mean? | show 🗑
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What does S.M.A.R.T mean? | show 🗑
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What is the difference between proximal goals and distal goal? | show 🗑
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Which manager develops tactical plans and management by objectives to motivate employee efforts toward the overall vision and mission? | show 🗑
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What is the correct definition of a company’s vision? | show 🗑
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What is the correct order of steps to make a plan that works? | show 🗑
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show | The determination to achieve a goal
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Maximizing is: | show 🗑
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What is a proximal goal? | show 🗑
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show | policy
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What best describes a vision? | show 🗑
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show | Rational decision making
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show | Workplace
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What is the third step in the rational decision-making process? | show 🗑
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What decision-making method involves a panel of experts responding to questions and to each other until reaching an agreement on an issue? | show 🗑
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A ( ) strategy focuses on improving the way in which the company sells the same products or services to the same customers. | show 🗑
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Which of the adaptive strategies focus on seeking moderate, steady growth by offering a limited range of products and services to a well defined set of customers? | show 🗑
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show | Sustainable competitive advantage
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What are 2 major approaches to corporate-level strategy that companies use to decide which businesses they should be in? | show 🗑
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How can an organization achieve a competitive advantage? | show 🗑
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Resources that are not controlled or possessed by many competing firms are: | show 🗑
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Name A Core Firm | show 🗑
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show | Dog
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Star is: | show 🗑
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What is measure of the intensity of completive behavior between companies in an industry? | show 🗑
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What do managers typically include in their strategic groups? | show 🗑
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show | Firms
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show | Not controlled or possessed by many competing firms
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show | Core firms
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show | Question mark, Star, Dollar Sign, Dogs
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When a company makes an attach on its direct competitor, what move by its competitor does it prompt? | show 🗑
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show | 3
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show | The central companies in a strategic group
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show | Getting the people affected by change to believe that change is needed
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show | The production of novel and useful ideas
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show | A cycle that begins with a new technology and ends when that technology reaches its limits and is replaced by a newer one.
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show | Resistance to change
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show | Discontinuous change
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show | All of the above
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Sometimes the _____ to a problem ____ another problem. | show 🗑
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show | Lack of leadership Impediment
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Managing resistance to change is: | show 🗑
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What are the general steps of organizational development? | show 🗑
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show | Coercion
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Getting people who are affected by the change to believe that the change is needed is called: | show 🗑
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show | Organizational decline
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Forces that support the existing state of conditions in organizations are what type of forces? | show 🗑
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Technological ____ is a scientific advance or a unique combination of existing technologies creates a significant breakthrough in performance of function. | show 🗑
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What’s a component of creative work environment? | show 🗑
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Refreezing is supporting and reinforcing | show 🗑
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show | faulty action stage
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What is one of the largest and most important regional trading groups in Asia? | show 🗑
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An agreement in which a foreign business owner pays a company a fee for the right to conduct a business in his or her country is a | show 🗑
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show | Trade barriers
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Franchise is a collection networked firms in which the manufacturer or service, the ______, licenses the entire business to another person or organization, the ______. | show 🗑
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What is the most important factor in an attractive business climate? | show 🗑
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There are two factors that help companies determine the growth potential of foreign markets; they are: | show 🗑
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show | Wholly Owned Affiliate
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What is the biggest disadvantage to a wholly owned affiliate? | show 🗑
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What are quotas? | show 🗑
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What is a tariff? | show 🗑
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show | China
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The GATT is a worldwide trade agreement that reduces and eliminates tariffs, limits governement subsidies, and establishes protections for intellectual property. What does GATT stand for? | show 🗑
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What reason would a company have for choosing a location in a foreign country? | show 🗑
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Who recognized the five cultural differences, power distance, individualism, masculinity, uncertainty avoidance, and short-term versus ling-term orientation? | show 🗑
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show | When two companies combine recourses, costs, risk, technology, and people
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show | A strategic alliance in which two existing companies collaborate to form a third, independent company
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________ is an active strategy to prevent or reduce political risks? | show 🗑
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When conducting a global business, companies should attempt to identify two types of political risks. | show 🗑
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Created by:
BeccaLeigh756