The correct answer would be option A, Frank should share the culture of the company through stories, rites, and rituals.
As they sit down over coffee at the local deli, Frank should share the culture of the company through stories, rites, and rituals, with the new owner about the success of his business.
Explanation:
Frank is in the furniture business for so long. Now he is retiring, and he wants his business to be persuaded successfully in the future as well. He is selling his store to people who have no roots in the community. He wants to share the secret of his success to the new owner.
So to make the new owner understand the secret of success, Frank should share the culture of the company by telling the new owner, stories, rites and rituals of the company which made his business successful.
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<span>The goal of the campaign or promotion is to build awareness and inform consumers about a company and its product offerings</span>
In order to see if there is still increase in the sale compared with the money spent of campaign , Alonzo is evaluating the effectiveness of the plan. The evaluation of effectiveness is one of the 6 steps of the promotional campaign.
Answer: A. They are flat.
C. They are common to start-up businesses.
D. A single leader makes most decisions.
Explanation:
Entrepreneurial business structure is a structure whereby, the owner of the bsuniess makes every decisions. It is often a start up company or a small company and there's a direct mean of communication as the owner has few workers.
The structure is typically flat and the roles are not well defined. It also give rooms for promotion of ideas as workers can give opinions on certain issues.
These illustrations highlight the influence of competitive elements as a component of the external environment.
<h3>Is competition a part of the external environment?</h3>
By definition, the external environment includes all external forces and influences that have an impact on how businesses operate. Competitive, political, technological, and economic issues are included in the business environment variables.
<h3>What does external competition entail?</h3>
A business competes and operates in a dynamic external system known as a competitive environment. The marketplace in which you compete will be more competitive the more vendors there are of a given good or service.
<h3>Which elements influence the competitive environment?</h3>
From a microeconomics perspective, there are five fundamental variables that might affect competition: the characteristics of the product, the number of sellers, entrance barriers, the accessibility of information, and location.
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INTERNAL AUDITORS are responsible for verifying accuracy ..........................
The activities performed by the internal auditors help a company to achieve its goals by employing a systematic and disciplined approach to evaluate and improve the effectiveness of risk management, control and governance.<span />
