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Describe two major issues that are important in organizational design. Two major issues that are important in organizational design Two major issues in organizational design are external issues or triggers and internal issues or triggers. External Triggers: The external competitive …
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Explain the difference between a firm’s formal organization and its informal organization. Why are both types of organization important to managers? Provide examples. Difference between a firm’s formal organization and its informal organization Formal and informal organization are both important …
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Question 1 Top of Form When AB-InBev sells Budweiser beer made in St. Louis, MO, to Germany, the sales of its product would be classified as a U.S. __________. Select one: countertrade arrangement export Reflective Thinking Accessibility: Keyboard Navigation Blooms: …
Identify and define the four key functions of management. Four key functions of management The four key functions of management are planning, organizing, leading and controlling. Planning is a comprehensive detailed strategy with which the organization is suggested to move …
Discuss several ways the Small Business Administration assists entrepreneurs. Small Business Administration or SBA assists entrepreneurs in many ways. Some of them are following. SBA’s assistance could prove vital for entrepreneurs in succeeding in their business startups. SBA publishes literature …
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Franchising has certainly become a key component of the U.S. economy. What are the major advantages and disadvantages of franchising? Advantages and disadvantages of franchising The main advantage that I think franchising has is the possibility to expand a brand …
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Question 1 Profit is the amount of money a business earns above and beyond what it spends for salaries and other expenses. Select one: True False Feedback The correct answer is ‘True’. Question 2 Correct 1.00 points out of 1.00 Flag …
Identify and discuss the social responsibilities of a company. Social responsibilities of a company Social responsibility is a moral system that recommends that a substance, be it an association or individual, has a commitment to represent the advantage of the …
Six-step approach to achieve long-term improvement of business ethic Before explaining the six-step approach, we need to know what is business ethic. Business ethics also known as professional ethics are the moral values and principle of business organization that helps …
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Comparative advantage and Absolute advantage in global market Comparative advantage in the global market is an ability of any given economic firm to manufacture products and services at a lower cost than other economic firms. Giving limited resources after that …
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