Blog

What is competitive dynamics? Briefly describe the factors that influence a firm’s action or reaction?

Which one of the following sentences about the differences between strategic planning and tactical planning is true?

In Alderfer’s ERG theory, which one of the following refers to the need for physical wellbeing?

Eli International has just begun a recruitment drive in colleges. Hoping to increase the cultural diversity within the organization, recruiters are focusing on candidates from a number of minority communities. The organization firmly believes that different cultural viewpoints can contribute to innovation and customer insights. The company must hold training sessions with existing employees to help them welcome and understand their new colleagues. Which of the following approaches will best help the company achieve all its goals?

Which of the following does an organization focus on when it maintains the wellbeing and protection of the communities in which it does business?

The Forrester Group of companies has many products, including a fertilizer manufacturing unit. While this unit has never been a source of high revenues in the past, the SBU has increasingly become an area of concern. For the last few years, this SBU has not generated enough business for the Forrester Group and the parent company does not see things changing in the future without substantial investment. In a market with low growth potential, its already low market share has declined further. Which one of the following strategies is the Forrester Group likely to choose for this SBU?

________ is the strategy through which management attempts to strengthen or protect the amount of business an SBU is generating.

A business strategy that is generally applied to star or question mark SBUs is ________.

An advantage of the nominal group technique is that ________.

Many management theorists and practitioners claim that the immediate payoff of sustainability is usually ________.