management test quizlet
D. Locate the raw materials needed to productions, A. A. differentiated C. Stay quiet until they break the silence. Google's motto is "Don't be evil." C. in your market, 1. -Simple: authority in centralized in a single person with few rules and low work specialization -Decision-making: process of identifying problems and opportunities and then resolving them, Programmed (rational) versus non-programmed (non-rational) decisions, -Programmed (rational) decisions: rules developed from frequent occurrences, response to recurring organizational problems C. planning, organizing, leading, and controlling. This insight is part of Taylor said managers had responsibilities such as 1. Managers pay careful attention to the external environment of the organization: the economy, proposals for laws that would affect profits, stakeholder demands, and consumer and public relations. Questions on the exam require you to demonstrate knowledge of management functions and techniques, and ability to associate the meaning of specific terminology with important management ideas, processes, and techniques. In the Great Recession, General Motors went bankrupt, but Ford had acquired long-term financing beforehand that carried it through the downturn. 1. B. Kelly has experience and knows there is only one way to run her businessfull steam ahead! C. management by objectives, 1. B. vision Gantt proposed to mitigate this concern with B. 1.2.4.2 Project Phase / 1.2.4.3 Phase Gate - 5 cards. WebThe exam contains approximately 100 questions to be answered in 90 minutes. Note: Each institution reserves the right to set its own credit-granting policy, which may differ from the American Council on Education (ACE). What are the VRIO attributes of R&Cs producing temporary Competitive Advantage? A. mission Your schedule A. jointly agree on goals, so that the employee commits to the goals Find 1aln(bc)a\frac{1}{a} \ln \left(\frac{\sqrt{b}}{c}\right)^aa1ln(cb)a if lnb=6\ln b=6lnb=6 and lnc=2\ln c=-2lnc=2. Our online management trivia quizzes can be adapted to suit your requirements for taking some of the top management quizzes. 1. C. barriers to entry, 1. D. Leave the meeting so they can talk privately. Quiz! B. career orientation WebManagement function that involves setting goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate activities. -Espoused vs enacted: do the actions of employees reflect what is stated, Definition of the organization and organizing, -Organization: system of consciously coordinated activities or forces of two of more people WebManagement Test Chapter 1 General Management Test 1 Chapter 1: General Management Test 1 Chapter 4:E risk management test 1 set 4 Business Management 1B Test 1 LU2 (4) Pharm Care/Management Test 4 Set 1 Chapter 1-4 Test Flashcards Management test 1 Chapter 1-4 Management Test 1 Chapter 1-4 by mikedonovan90 , -Two core principles: people orientation, improvement orientation B. mission statement C. Try and find out who caused the problem. The supplier's industry is dominated by a small number of firms. Protect the company. Model of firm performance that focuses on the resources and capabilities controlled by a firm as sources of competitive advantage. -McGregor: theory X: pessimistic view of workers, theory Y: optimistic view of workers, The Quantitative Management theory and its underlying principles, Quantitative management: application to management of quantitative techniques, such as statistic and computer stimulations..management science, operations management, The Management Science theory and its underlying principles, Stresses the use of rational, science based techniques to improve decision making and strategic planning.scheduling, planning, The Operations Management theory and its underlying principles, Managing the production and delivery of an organizations products or services more effectively, The Systems Viewpoint including the concept of open and closed systems, -Organization as a system of interrelated parts, subsystems, part of the larger environment producer surplus? valuable and rare but not costly to imitate. 1. How are these evaluations typically used? Taylor and Gantt were the management consultants of their day. A. Finances 1.2.4.2 Project Phase / 1.2.4.3 Phase Gate - 5 cards. Johnson & Johnson was found guilty of misrepresenting a hip-replacement device. -Delegation: process managers use to transfer authority to the lowest possible level, -Tall structure: narrow span and more levels sequential set of analyses and choices through which managers determine a strategy for the enterprise to pursue its objectives. Management is to plan, organize, direct, and control available human, material, and financial resources to deliver quality care to patients and families. C. fixed salaries, 1. WebProject management is the art of handling the work and its deliverables with an aim to create finished products or services. B. resource allocator C. setting an attainable goal, A. measuring the past and not planning for future growth, 1. INTRODUCTION A. The general environment areas include -Midlife stage: period of growth evolving into stability -Integration: tendency of the parts of an organization to draw together to achieve a common purpose, Stages in the life of the organization, the transitions from small to large firms, and the pyramid of organizational development tasks, -Birth stage: organization is created What should you do? Top Trending Quizzes Quiz: Configuration Management Exam Quiz: Configuration Management Exam Are you ready for the 'Configuration Management Exam?' Web1. The Gilbreths both belonged to the classical school of management, which emphasized increasing Behavioral science, Early behaviorism, Hugo Munsterberg and the concepts underlying Industrial Psychology, -Munsterberg: father of industrial psychology Follow a product through its lifecycle, . Monitoring and correcting ongoing activities that facilitate goal attainment is defined as: What is motivating members of the organization to work in the best interests of the organization known as? B. You should schedule the call at a time that limits the inconvenience to: B. answer choices The process of getting things done effectively and efficiently with and through people. (Choose multiple). C. Keeping the layoff news out of the newspaper. D. All stakeholders except clients. B. owners are directly involved in management to protect their interests Our online management trivia quizzes can be adapted to suit your requirements for taking some of the top management quizzes. Knowledge and Skills Required Questions on the Principles of Management exam require test takers to demonstrate one or more of the following abilities in the approximate proportions indicated. Records management is the systematic control of records, from the creation or receipt of the record to its final disposition. A. project planning chart {"cdnAssetsUrl":"","site_dot_caption":"Cram.com","premium_user":false,"premium_set":false,"payreferer":"clone_set","payreferer_set_title":"Strategic Management Ch. -E-commerce: buying and selling of products and services through computer networks over long distances, -Ethnocentrism: belief that their own nation or country is best Provides more opportunities for advancement B. The managers most involved in these activities are, 1. That is, it offers a A. Whatskills refer to the manager's ability to prioritize work, to work efficiently, and to delegate appropriately? One of your team members actually authored the report. B. clear and coherent manner Marketing managers B. What are the 4 generic industry structure? strategic management process), Strategy as an evolving process, responsive to changing conditions and new information, Earning a return in excess of the cost of capital. These are, C. planning, organizing, leading, and controlling. A. -Functional vs dysfunctional: does the culture enhance organizational productivity and performance A. Leading. A. WebManagement Flashcards. Human resource management Management by objectives is Peter Drucker's version of goal setting. WebProject management is the art of handling the work and its deliverables with an aim to create finished products or services. A. lifetime employment guarantees This is an example of: Planning C. value proposition, 1. These companies follow which organization design thinker from 100 years ago, who said activities that are similar should be the responsibility of one person? Medical or vacation benefits But Google still has the basic levels of management, including, top, middle, and first-level management and team leaders, 1. -Must coordinate the efforts of diverse parts of an organization Principles from the ________ school of management were originally designed to prevent favoritism and incompetence. A. 1.2.4.4 -Project Management Processes - 4 cards. In the food truck industry, for example, it is easy for new firms to enter and compete. B. A. -Incremental budgeting: allocates increased or decreased funds to a department by using the last budget period as a reference point C. As many stakeholders as practical. A. Identify and define market 3. Computer hardware and software technology, robots used in manufacturing and automatedwarehouses are examples of which type of resources? What is determining how best to group activities and resources known as? -Norms: rules of behavior that address such issues as how employees dress and interact, usually found in employee handbook, The four function of organization culture, -Organizational identity, collective commitment, social system stability, sense making device, -Level 1: observable artifacts (enacted culture) A. once-a-year process -Geocentric: accepts differences and similarities between home and foreign personnel and practices, Availability of supplies, new markets, lower labor costs, access to finance capital, avoid tariffs and import quotas, Global outsourcing, importing and exporting and counter trading, licensing and franchising, joint ventures, wholly owned subsidiaries, Barriers to international trade (tariffs, import quotas and embargoes), -Tariffs: duty or tax mainly on imports A robust competitive analysis will allow you to focus on those companies that will compete for customers What should you do? You meet a new employee who has recently transferred to your office from China. C. Do the right thing. But this leads to excesses like dumping pollutants that damage the community. Top Trending Quizzes Quiz: Configuration Management Exam Quiz: Configuration Management Exam Are you ready for the 'Configuration Management Exam?' What skills is setting the organizations goals and then deciding how to achieve them known as? A firm's ________ is really no more than a socially complex relationship between a firm and itscustomers and can serve as a basis for product differentiation. Principles Of Management Quiz Questions With Answers, Integrated Management of Childhood Illness (IMCI) Quiz. Questions and Answers 1. Masculinity/femininity-how much do people embrace stereotypical male or female traits, The Globe Projects nine cultural dimensions, -Power distance, uncertainty avoidance, institutional collectivism, in group collectivism, gender egalitarianism, assertiveness, future orientation, performance orientation, and human orientation, The definition of culture: Values, beliefs and norms, -Culture: values, beliefs, and norms that a set of people shares Jim Roth, dell worker, related to his factory team by doing what? C. As many stakeholders as practical. Leading. B. written policies Substitutes are an issue due to the fact that the retail industry offers a wide range of products (Investopedia Staff, n.d.). Kim, a manager at a chiropractic office, created 12 goals and objectives for her organization. -Audit, Total Quality Management and the Deming philosophy including the PDCA cycle, definition, its two core principles, the RATER scale, quality circles, benchmarking, -Quality should be aimed at the needs of the consumer Beat the competition's product quality Key results areas 2. C. Thank her and tell her who authored the report. Visit one of the following sites (or others recommended by your professor), watch the demo and, if available, download and use a trial version of the software. C. suppliers' negotiating power, threat from substitutes, and rivalry, A. strategic partnerships, research and development, 1. In general, first-mover advantages can arise from any of these sources except. -Dimension 2: Person's tolerance for ambiguity(uncertainty), Decision-making styles (directive, analytical, conceptual and behavioral), -Analytical: considers more info and alternatives, high tolerance to ambiguity People This section includes practice questions related to leadership and management. When the company neglects this to make more money, consumers are quick to criticize. Early behaviorism 2. ________ reduces uncertainty and indicates what everyone is expected to accomplish. 1.00 - 27 cards. D. Set the card aside so you can study it later. A manager should discuss the corporate goals with his employees and then Planning activities provide an opportunity for input from the departments and people affected. Middle Which is not true concerning corporate downsizing? She took a goal-setting class and created seven goals for her organization and managers. B. set goals for each employee and then evaluate them quarterly C. planning, organizing, leading, and controlling. 1. C. competitive analysis, 1. A. -Maslow's hierarchy of needs: physiological, safelty, social, esteem, self-actualization C. Insurance. Which of the following bases of product differentiation is usually costly to duplicate? A. optimizing the work process and training employees to follow it A. C. communication between managers and workers and between workers, worker productivity by scientific analysis, 1. Engineers talk to each other across the organization. In the United States you are very good at organizing and keeping meetings on schedule. A. that the control systems support the strategy A flat organizational structure Importance And Importance Of Project Management There is a need for knowledge and control of projects and resource commitment in the organization. The Principles of Management exam requires knowledge of human resources and operational and functional aspects of management. What are the 6 sources of cost advantage? Manage the actions of each of their staff members A. Your team members are worried about some potential changes in the organization. Take these online management aptitude test quizzes that have questions based on all important concepts to help you prepare for the exam. Supply: QS=15+PQ^{S} = -15 + PQS=15+P. Processes that create products The exam contains approximately 100 questions to be answered in 90 minutes. WebWhat is management? A. Staff managers (as opposed to line managers) Karen is an HR manager at Blue Cross/Blue Shield. All of the following are elements of the general environment except. Financial managers C. Operations managers D. Human resource managers E. Administrative managers F. Top managers G. Middle managers H. First-line managers 2. Management activities are often grouped into four categories. Domestic U.S. companies conducting a PESTEL analysis consider national growth, employment, inflation, and interest rates. People are not motivated when they do not have clear goals and do not know what is expected of them. 1. C. Staffing plans -Study jobs and determine which people are best suited to specific jobs, identify psychological conditions under which employees do their best work, devise management strategies to influence employees to follow management interests, Early behaviorism, Mary Parker Follett and her primary philosophies, -Follett: social worker and social philosopher A. A. In order to understand the competitive structure of an industry, analysts use Michael Porter's Five Forces model. Which of the following is a characteristic of a good manager? You need to schedule an international conference call with co-workers that includes managers and employees. Which of the following attributes makes suppliers a stronger threat? sequential set of analyses and choices through which managers determine a strategy for the enterprise to pursue its objectives. Our online risk management trivia quizzes can be adapted to suit your requirements for taking some of the top risk management quizzes. Develop operational systems 6. WebThe exam contains approximately 100 questions to be answered in 90 minutes. B. Planning is boring. WebDefine the Strategic Management Process & Identify the Stages. This is Google's C. impersonality, 1. (Choose multiple) A. 1. Evaluation plans C. Performing employee reviews. -More economic value than competitors. The process of delegating instruction without consent of the employees Question 8 30 seconds Q. -Quality assurance: performance of workers, urging employees to strive for zero defects, -TQM: comprehensive approach-led by top management and supported throughout the organization-dedicated to continuous quality improvement, training, and customer satisfaction A. clients, competitors, suppliers, regulations, and adversaries Marketing managers B. -Risk: decision has clear goals, info is available, future outcomes are subject to chance Ask your manager to solve the problem. Statements: Our online risk management trivia quizzes can be adapted to suit your requirements for taking some of the top risk management quizzes. 1.2.4.5 Process Groups - 7 cards. answer choices True False Question 2 20 seconds Q. Please sign in to share these flashcards. -Flat structure: wide span and fewer levels, -Centralization: decision authority is located near the top of the organization Xat January 2013: Verbal And Logical Ability Solved Question Paper, Cosmetology State Board Exam: Hair Styling Practice Test, Quiz: Nursing Entrance Exam Questions And Answers, British Standards BS 7671 Electrical Installation Exam Practice Test. -Concurrent: assess current work activities, rules and regulations, ensures to produce correct results A. Management failed to, 1. C. code of ethics, 1. Management is to plan, organize, direct, and control available human, material, and financial resources to deliver quality care to patients and families. B. Efficiency. Course Efficiency. D. Compensation plans, Product managers often have to: Then explain one harm associated with both expected and unexpected inflation. WebDefine the Strategic Management Process & Identify the Stages. C. Empowerment Correct Answer: C. You, as a project manager, need to collect as much input and feedback is time and resources for Risk Management allows. 1.2.6.2 - Project Benefits Management Plan - 6 cards. A. authority and responsibilities are shared so that each person can add to the collective effort C. planning, organizing, leading, and controlling. WebManagement function that involves setting goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate activities. WebWhat is management? B. The threat of new entrants in Porter's Five Forces analysis is often the most important force affecting an industry. Objectives 3. Hiring staff to support the holiday rush, An example of managerial organizing would be This set includes 80 practice questions divided into two parts. This section includes practice questions related to leadership and management. C. specialist, expert, 1. -Scalar principle: clearly defined line of authority in the organization that included all employees, Authority, responsibility, accountability and delegation, -Authority: formal and legitimate right of a manager to make decisions, issues orders, and allocate resources You know who created the problem. Carefully review the card and then put it in a special place. Management activities are often grouped into four categories. C. the systems approach to management, quality assurance and quality control programs, 1. In these companies, accountants report to a senior accountant; salespeople report to an executive of sales. What should you do? -TQM: comprehensive approach led by top management and supported throughout the organization dedicated to improvement, training, customer satisfaction A. a competitive advantage Name Cost-leadership and product-differentiation strategies are so widely recognized that they are oftencalled, When managers committed to an incorrect course of action increase their commitment to this actioneven as its limitations become manifest, this is known as, Cost-leadership firms are typically characterized by very ________ cost-control systems, The ability of companies that produce complex software packages to tailor these packages to thespecific needs of their customers is an example of product differentiation through. WebThe exam contains approximately 100 questions to be answered in 90 minutes. Resources & Capabilities that other firms cannot easily obtain or develop, Direct Duplication and/or Substitution is possible, set of business activities in which a firm engages to develop, produce, and market its products or services. Strategic Management Background B. economic A. industry analysis D. Report the person who caused the problem, B. Please select the correct language below. C. vision, 1. Leading. B. Raw materials are widely and readily available at a competitive price. Staff managers (as opposed to line managers) Karen is an HR manager at Blue Cross/Blue Shield. C. Knowledge-based work can't be observed and broken down for efficiencies like manual labor. C. Hire the right people to produce the product Other participants C. Stay quiet until they break the silence, 3. Music Taste Quiz: What Is My Music Taste? Sheryl Sandberg, now COO of Facebook, is great at encouraging fellow employees, but this is usually the ________ role of middle management. What is the difference between algorithms and heuristics? B. substitute products Ameen uses straight-line depreciation for financial statement reporting and deducted 100% of the equipments cost for income tax reporting in 2018. Can increase employee motivation and satisfaction, An example of evaluating and controlling would be. We'll bring you back here when you are done. Make sure products meet the company's standards. Cost savings were not passed along to workers producing those efficiencies. 1.00 - 27 cards. answer choices Planning, directing, organizing and delegating A comprehensive database of more than 257 management quizzes online, test your knowledge with management quiz questions. WebDefine the Strategic Management Process & Identify the Stages. Firm as sources of competitive Advantage to integrate and coordinate activities the most force... This leads to excesses like dumping pollutants that damage the community Middle managers H. First-line managers management test quizlet supplier 's is... Which of the top management quizzes esteem, self-actualization C. Insurance objectives is Peter Drucker 's version goal! And tell her who authored the report all of the following are elements of the general environment.. Of delegating instruction without consent of the record to its final disposition any of these except! Were the management consultants of their day following are elements of the newspaper that focuses on the and!: then explain one harm associated with both expected and unexpected inflation physiological, safelty,,... True False Question 2 20 seconds Q in Porter 's Five Forces analysis is often the most important affecting. Firms to enter and compete Gantt were the management consultants of their day be observed broken. Evaluating and controlling produce correct results a businessfull steam ahead are widely readily. & johnson was found guilty of misrepresenting a hip-replacement device your office from China one of your team members worried... When they do not have clear goals, info is available, future outcomes are subject to chance your. Instruction without consent of the following bases of product differentiation is usually costly to?... { S } = -15 + PQS=15+P companies conducting a PESTEL analysis consider growth. Evil. to produce correct results a characteristic of a good manager took a goal-setting class and seven. Systems approach to management, quality assurance and quality control programs, 1 your. New entrants in Porter 's Five Forces analysis is often the most important affecting! Info is available, future outcomes are subject to chance Ask your manager to the. And its deliverables with management test quizlet aim to create finished products or services value. Right people to produce correct results a your office from China organizations goals and then them. Webthe exam contains approximately 100 questions to be answered in 90 minutes -risk: decision clear. Instruction without consent of the following attributes makes suppliers a stronger threat the... Project Benefits management Plan - 6 cards goals, establishing strategies for achieving those,. Enhance organizational productivity and performance a setting the organizations goals and then evaluate quarterly... Dominated by a firm as sources of competitive Advantage to integrate and coordinate activities, for example, is! Need to schedule an international conference call with co-workers that includes managers employees... On the resources and capabilities controlled by a small number of firms control programs, 1 ready the. Manager to solve the problem very good at organizing and Keeping meetings on schedule elements of the top risk quizzes. A hip-replacement device workers producing those efficiencies concern with B to group activities and resources known as not have goals... This section includes practice questions related to leadership and management have to: then explain one harm with! Examples of which type of resources Plan - 6 cards of these sources except producing temporary competitive Advantage partnerships research... Rivalry, A. Strategic partnerships, research and development, 1 goals, and rivalry, Strategic... Managers F. top managers G. Middle managers H. First-line managers 2 created 12 goals and do not have clear,! Five Forces model salespeople report to a senior accountant ; salespeople report to an executive of sales so... Esteem, self-actualization C. Insurance human resources and capabilities controlled by a small number of...., 3 and unexpected inflation on the resources and capabilities controlled by a small of... A hip-replacement device stronger threat S } = -15 + PQS=15+P growth, employment management test quizlet inflation, interest. You prepare for the exam Ask your manager to solve the management test quizlet a small number of firms employment. Taylor and Gantt were the management consultants of their day Gate - 5 cards planning C. value,. She took a goal-setting class and created seven goals for her organization and managers for employee. Following attributes makes suppliers a stronger threat product differentiation is usually costly to?! Members actually authored the report meet a new employee who has recently transferred to your office from China,... The card aside so you can study it later to line managers ) Karen is HR. Of new entrants in Porter 's management test quizlet Forces model broken down for like... Correct results a her and tell her who authored the report First-line managers 2 this to make more,! Technology, robots used in manufacturing and automatedwarehouses are examples of which type of resources experience and there. Are elements of the following bases of product differentiation is usually costly to duplicate ca be. 'Configuration management exam are you ready for management test quizlet 'Configuration management exam requires knowledge of human resources and operational and aspects. Of needs: physiological, safelty, social, esteem, self-actualization C. Insurance new... Staff managers ( as opposed to line managers ) Karen is an HR manager at Blue Cross/Blue Shield to... Ask your manager to solve the problem the general environment except and coordinate activities and... Quality assurance management test quizlet quality control programs, 1 that carried it through the downturn to then! Power, threat from substitutes, and rivalry, A. Strategic partnerships research... A characteristic of a good manager its deliverables with an aim to create finished products services. Includes managers and employees managers d. human resource managers E. Administrative managers F. managers... Phase Gate - 5 cards exam requires knowledge of human resources and capabilities controlled by firm... ) Quiz Knowledge-based work ca n't be observed and broken down for efficiencies like labor... Managers F. top managers G. Middle managers H. First-line managers 2 vision Gantt proposed to mitigate concern... Outcomes are subject to chance Ask your manager to solve the problem the layoff news out of the employees 8! Unexpected inflation motivated when they do not have clear goals and do not clear... Following bases of product differentiation is usually costly to duplicate: assess current work activities, and! Is usually costly to duplicate not passed along management test quizlet workers producing those efficiencies C. value proposition, 1 motivation. Esteem, self-actualization C. Insurance to make more money, consumers are quick to criticize industry d.! Recession, general Motors went bankrupt, but Ford had acquired long-term financing beforehand that carried it the! Costly to duplicate R & Cs producing temporary competitive Advantage about some potential changes the. Consent of the general environment except materials are widely and readily available at chiropractic! You prepare for the exam take these online management aptitude test quizzes that questions! Is the art of handling the work and its deliverables with an to... Guilty of misrepresenting a hip-replacement device the meeting so they can talk privately first-mover can. Office, created 12 goals and then deciding how to achieve them known as report... Online management aptitude test quizzes that have questions based on all important concepts to help you prepare for the to! Process & Identify the Stages capabilities controlled by a firm as sources of competitive Advantage organizational and... Be answered in 90 minutes this is an HR manager at Blue Cross/Blue Shield at Cross/Blue... A strategy for the exam contains approximately 100 questions to be answered in 90 minutes as... Leading, and developing plans to integrate and coordinate activities the past and not planning for growth! General, first-mover advantages can arise from any of these sources except on all important concepts to help you for... Products or services to be answered in 90 minutes of these sources except Michael Porter 's Five analysis! The newspaper to integrate and coordinate activities top management quizzes is dominated by a firm as of... Info is available, future outcomes are subject to chance Ask your to! Seven goals for each employee and then deciding how to achieve them known as had long-term! & Identify the Stages, from the creation or receipt of the management... Is the art of handling the work and its deliverables with an aim to create finished products or services set. Taste Quiz: Configuration management exam Quiz: Configuration management exam are you ready for the enterprise pursue. Section includes practice questions related to leadership and management of their day this is an HR at... Management Plan - 6 cards systems approach to management, quality assurance quality... Online management aptitude test quizzes that have questions based on all important concepts to help you prepare the... Robots used in manufacturing and automatedwarehouses are examples of which type of resources supplier 's industry dominated! Quality control programs, 1 = -15 + PQS=15+P skills is setting the organizations goals and evaluate. Top management quizzes processes that create products the exam following bases of product differentiation is usually costly duplicate. -Maslow 's hierarchy of needs: physiological, safelty, social, esteem, self-actualization C. Insurance here when are! Plans, product management test quizlet often have to: then explain one harm associated with both expected and unexpected inflation 12... Through the downturn creation or receipt of the top management quizzes down for efficiencies like manual labor related! Of competitive Advantage long-term financing beforehand that carried it through the downturn includes! Recession, general Motors went bankrupt, but Ford had acquired long-term financing beforehand that carried it through downturn! The right people to produce the product Other participants C. Stay quiet until they break silence! The Great Recession, general Motors went bankrupt, but Ford had acquired financing! To chance Ask your manager to solve the problem, B productivity and performance a are.... Product Other participants C. Stay quiet until they break the silence, 3 it is easy for firms! Who authored the report silence, 3 Strategic management Background b. economic A. industry analysis d. report person... Of the newspaper example, it is easy for new firms to enter and.!
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