Which of the following is not among the chief reasons organizations fail?

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  • School Saudi Electronic University
  • Course Title MGT 530
  • Pages 188
  • Ratings 92% (25) 23 out of 25 people found this document helpful

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33.Which of the following is not among the chief reasons organizations fail?A.overemphasis on short-term financial performanceB.emphasizing labor productivity in labor-intensive environmentsC.poor internal communicationsD.not investing in capital and human resourcesE.overemphasis on product (or service) designIn labor-intensive environments, emphasizing labor productivity is a good idea.

AACSB: Reflective ThinkingAccessibility: Keyboard NavigationBlooms: RememberLearning Objective: 02-02 Name several reasons that business organizations fail.Level of Difficulty: 1 EasyTopic: Competitiveness34.The key to successfully competing is understanding what customers want and then __________satisfy those wants.

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What is the best way to satisfy those wants?AACSB: Reflective ThinkingAccessibility: Keyboard NavigationBlooms: UnderstandLearning Objective: 02-02 Name several reasons that business organizations fail.Level of Difficulty: 2 MediumTopic: Competitiveness

Chapter 02Competitiveness, Strategy, and Productivity35.An organization's mission statement serves as the basis for:

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2-3AACSB: Reflective ThinkingAccessibility: Keyboard NavigationBlooms: UnderstandLearning Objective: 02-05 Describe and give examples of time-based strategies.Level of Difficulty: 2 MediumTopic: Mission and Strategies

AACSB: Reflective ThinkingAccessibility: Keyboard NavigationBlooms: RememberLearning Objective: 02-03 Define the terms mission and strategy and explain why they are important.Level of Difficulty: 2 MediumTopic: Competitiveness36.Which of the following would be least important in the pursuit of a time-based strategy?

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Chapter 02Competitiveness, Strategy, and Productivity2-4

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Which of the following is not typically considered a cure for poor competitiveness?

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