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Chapters 5-8 Principles of Management

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
How does a company benefit from planning?   show
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According to the S.M.A.R.T. guidelines, goals should be ____.   show
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____ are standing plans that indicate the specific steps that should be taken in response to a particular event.   show
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show policy  
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The ____ approach to decision-making is a method in which an individual or a subgroup is assigned the role of a critic.   show
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According to the text, valuable, rare, imperfectly imitable resources can produce sustainable competitive advantage only if they are ____ resources.   show
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This technological leadership as well as its organizational culture are the company’s ____.   show
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Companies can achieve growth by ____.   show
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If ICI is successful in making the needed changes, it will more than likely implement a ____ strategy.   show
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According to Michael Porter, which of the following positioning strategies did The Home Depot adopt to deal with existing Canadian stores that sold similar products?   show
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____ are an important part of both the compression approach and the experiential approach to innovation.   show
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Which of the following methods for managing resistance to change should only be used as a last resort or under crisis conditions?   show
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A ____ is a nontax method of increasing the cost or reducing the volume of imported goods.   show
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show joint venture  
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show avoidance strategy  
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Green Giant learned that it could not use the Jolly Green Giant character in parts of Asia where a green hat worn by a man signifies that he has an unfaithful wife. This is an example of a(n) ____ that influenced global marketing.   show
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show Differentiation  
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Companies that have a small share of a fast growing market are represented in the group matrix by:   show
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______ are those forces that produce differences in the form, quantity or condition of an organization over time.   show
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What does GATT stand for?   show
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show A measure of the Intensity of competitive behavior between companies  
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show expatriate  
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What is it called when only a certain number of Japanese Cars can come into the U.S.?   show
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show SWOT  
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A short statement of a company’s purpose or reason for existing is a:   show
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Created by: BeccaLeigh756