Answer: • management innovation is essential to future organizational success
• we must look at management as a process, and then make improvements and innovation ongoing and systematic
• much of management theory is dated and doesn't fit the current realities of organizational life
Explanation:
The true statements regarding Gary Hamel's thoughts on management are:
1. management innovation is essential to future organizational success
2. we must look at management as a process, and then make improvements and innovation ongoing and systematic
3. much of management theory is dated and doesn't fit the current realities of organizational life
According to Gary Hamel, yesterday's best practices of organizations can not be creative or adaptable for the business challenges tomorrow.
Answer:
The correct answer is B.
Explanation:
Savings and credit cooperatives or, simply, credit cooperatives are cooperative societies whose corporate purpose is to serve the financial needs of their members and third parties through the exercise of the activities of credit institutions.
Savings and credit cooperatives are also known for their acronym in English, SACCO: Savings and Credit Cooperative.
These cooperatives are usually local and seem to be more suited to rural areas. Above all they have access to external funds and they are properly managed. And although there is a World Council of Credit Unions (WOCCU) there are few local or rural cooperatives associated with it.
Answer:
A. aggregate demand intersects short-run aggregate supply
Explanation:
Short run occurs when the amount a firm wishes to supply is equal to the amount demanded from the consumers. It is the area on the graph where the aggregate demand curve intersect with the short run supply curve.
Or, simply put, when the aggregate output supplied is equal to the aggregate output demanded. The equilibrium is made up of equilibrium prices and quantity.
Answer: A - $8,046
Explanation: Inventory valuation using the specific identification method is a method used in getting the actual stock cost at their specific purchase price at a specified time during the year.
Jan - 11 units @129 =1,419
Feb - 13 units @139 = 1,807
May - 6 units @149 = 894
Sept - 13 units @159= 2,067
Nov - 11 units @ 169= 1,859
Total = $8,046
Answer:
The correct answer is the option E: It can charge very high prices.
Explanation:
To begin with, the business presented in the case as a real estate company that provides housing services to retired individuals who typically are above the age of sixty can charge high prices to their customer due to the fact that basically they are looking for the most important service that there is in the market, a house. Moreover, the fact that the company only sales to retired people and therefore it specializes in a niche market indicates that the company is good at what they do an that is why those individuals choose it. Furthermore, the fact that these elderly people go to the organization expecting to find a house with peaceful surroundings generates the fact that they are willing to pay as much as they can to have the best for them at the very last of their time.
