100 multiple choice about encomics for leadership


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100 multiple choice about encomics for leadership 1 answer below » 100 multiple choice about encomics for leadership for graduate student Document Preview: NEW ENGLAND COLLEGE
SCHOOL OF GRADUATE AND PROFESSIONAL STUDIES
TAKE HOME TEST
SPRING 2014
There are one hundred questions in this test and you should answer all of them. Please read each question carefully and circle the best answer to each. Best wishes. Reza Jalili
Being a first mover means:
a.
Being the first firm to offer a product in a particular market.
b.
Being successful.
c.
Asking for View complete question » 100 multiple choice about encomics for leadership for graduate student Document Preview: NEW ENGLAND COLLEGE
SCHOOL OF GRADUATE AND PROFESSIONAL STUDIES
TAKE HOME TEST
SPRING 2014
There are one hundred questions in this test and you should answer all of them. Please read each question carefully and circle the best answer to each. Best wishes. Reza Jalili
Being a first mover means:
a.
Being the first firm to offer a product in a particular market.
b.
Being successful.
c.
Asking for failure.
d.
Nothing unless the firm continues to be the first mover.
e.
That there is never a benefit to not being the first mover.
Firms will merge or one firm will acquire another for all but which of the following reasons:
a.
one large firm has a cost advantage over two smaller firms.
b.
synergies involved between the two firms.
c.
to enter a new market.
d.
to diversify risk.
e.
one large firm can sell more than two smaller firms.
Globalization does not mean:
a.
the homogenizing of markets.
b.
when one product or one brand is sold in many different international markets.
c.
the increase in trade among nations.
d.
the establishment of manufacturing plants in more than one nation.
e.
the purchase of supplies from foreign firms.
4.A Basic principle of economics is:
a.
knowing your customer means understanding their income.
b.
there are costs involved in any action or decision.
c.
demand equals supply.
d.
equilibrium is beneficial.
e.
size and market share are important goals for a business.
“Knowing your customer” means:
a.
knowing what factors affect customer choices.
b.
knowing the names of customers.
c.
knowing whether something is a fad or a fashion.
d.
knowing that people do not believe advertising.
e.
having an understanding of why price goes up or down.
6.Core competency implies:
a.
a firm produces one single product.
b.
a firm hires only one type of employee.
c.
a firm focuses on only one type of customer.
d.
a firm does one thing better than it does other things.
e.
a firm must be competent at its… Attachments: Multiple-Choi….docx View less » Mar 03 2014 11:17 AM

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