TESTSOLVER9 STORE

Porter's Five Forces of Competition - Answer 1) Power of customers 2) Power of suppliers 3) Threat of potential entrants 4) Substitutes (availability/comparability) 5) Competition among existing competitors Blue Ocean Strategy - Answer New and untapped market, don't have to deal with other competitors. Get rid of competition by creating new market. Unfettered territory. Don't take away from a dwindling group. Coca-cola and Pepsi are so successful because of ___ - ...

Fundamental laws of business - Answer 1) It always takes longer than you scheduled! 2) It always costs more than you budgeted! 3) When placed in difficult situation, people will take the path of least resistance What do managers do? - Answer Ensure that the organization achieves its goals and objectives Successful manager - Answer good at getting the job done, moves up the corporate ladder, spend 48% of their time networking Effective manager - Answer getting peopl...

external organizational environment - Answer includes all outside elements that affect the organization ex. competitors, resources, technology and economic conditions Task Environment - Answer closer to the organization and includes the sectors that conduct day-to-day transactions with the organization and directly influence its basic operations and performance. It is generally considered to include competitors, suppliers, customers, and the labor market. General Environment - ...

Where do Angels invest? - Answer Basically in their backyard or own neighborhood Annual sources of startup funding: State funds - Answer 14 billion Annual sources of startup funding: Venture Capital - Answer 38 billion Annual sources of start-up funding: Angel investors - Answer 55 billion What are the Three F's? - Answer Friends, family, fools Annual sources of start up funding: Three Fs - Answer 70 billion Where does the highest annual source ...

What is corporate social responsibility? - Answer the notion that corporations are expected to go above and beyond following the law and making a profit Why is shell at the center of controversy and criticism? - Answer -Their ties to the Nigerian Government that exploits and oppresses the indigenous people of the delta, especially the Ogoni. -their visibility in the communities as largest oil company -dependency on oil for economy -involvement in major world problems like enviro...

Blue Ocean Strategy - Answer strategy where it includes all industries not in existence, unknown market space going where the profits and growth is, not where the competition is Red Ocean Strategy - Answer all industries in existence, the known mkt space industries never stand... - Answer still strategic move - Answer the set of managerial actions and decisions involved in making a major market-creating business offering with technology & globalization, it has l...

Organizational Behavior - Answer The systematic study of the actions and attitudes that people exhibit within organizations. Goals of Organizational Behavior - Answer -Explain -Predict -Influence/control Fundamental laws of business - Answer 1) It always takes longer than you scheduled! 2) It always costs more than you budgeted! 3) When placed in difficult situation, people will take the path of least resistance What do managers do? - Answer Ensure that the organ...

Organization - Answer A group of people who work together to achieve some specific purpose. A system of consciously coordinated activities of two or more people Management - Answer The pursuit of organizational goals efficiently and effectively by integrating the work of people through planning, organizing, leading, and controlling the organization's resources Efficiency - Answer To use resources-people, money raw materials, and the like-wisely and cost effectively Eff...

Manager - Answer someone who coordinates and oversees the work of other people so that organizational goals can be accomplished First-line Manager - Answer (often called supervisors) are located on the lowest level of management, managing the work of nonmanagerial employees. Typically, directly or indirectly involved with producing the organization's products or services Middle managers - Answer include all managers between the first level and the top level of the organiz...

Organizational behavior is an interdisciplinary body of knowledge with strong ties to psychology, sociology, criminal justice, and anthropology. - Answer False Common work-related stressors include all of the following EXCEPT: A) economic difficulties B) career development problems C) ethical dilemmas D) interpersonal problems E) task demands - Answer A) economic difficulties Commonly used organizational behavior research methods include case studies, survey studie...

Mt. Everest 1996 Disaster* - Answer -Examine how teams make high-stakes decisions in stressful situations -Overconfidence of Hall and Fischer -Examine a catastrophic failure in detail -Examine two leaders in action during a crisis situation - 2 o clock rule-sunk cost effect -Status differences and lack of discussion/stifling dissent Subarctic Survival - Answer -synergy -people coming together talking about the problem and coming up with better solutions -team decisions are ge...

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Caucus - Answer Meeting of candidate supporters who choose delegates to a state or national convention Electoral vote - Answer Cast by electors, with each state receiving one vote for each of its members in the House of Representatives and one vote for each of its members in the Senate 527s - Answer Political organizations formed primarily to influence elections and therefore exempt from most federal taxes Matching funds - Answer Public moneys that the Federal Electi...

"Voter identification" law - Answer Definition: law requiring people bring a photo I.D. when they vote Significance: fair by definition but not neutral in its effect-- has the effect of restricting Democratic voter turnout Politics - Answer Definition: public management/resolution of conflict within a basic consensus/community Significance: disagreement is public (not private)... ideas becomes politicized when they becomes public The Keating Five (1986) - Answer ...

Basic Duties of Congress - Answer Representation, Law Making, Consensus Building, Overseeing the Bureaucracy, Policy Clarification, Investigating the operation of government agencies, Senate Candy desk - Answer Desk in the senate on the Republican side (currently Pat Toomey [R-PA]), in the back, near the door, where candy is kept. Tradition started in 1968 Casework - Answer Response or service that members of congress provide to constituents who ask for assistance Caucus ...

Civil Rights - Answer Rights that (1) enable individuals to engage in activities central to citizenship or legal immigrant status, such as voting or petitioning the government; (2) ensure all individuals receive due process and equal treatment under the law; or (3) guarantee freedom from discriminatory actions by others that seek to deny an individual's full status as an equal member of society. basic rights government have to ensure for all its citizens. Rights enable citizens to eng...

What are the formal institutions in Government? - Answer Congress Presidency Bureaucracy Courts What did David Hume say about institutions? - Answer Must have institutions to prevent sudden whims of change. - Institutions continue integrity of system; constrain activities. What are agency and structure? How do they relate to institutions - Answer Agency: capacity of individuals to act independently and make own free choices. Structures: recurrent patterned arrangement...

Compared to non-voters, voters generally tend to be: - Answer Older, on average The Poll Tax, introduced in Texas in 1902, served as a financial barrier that suppressed the votes of both Black and poor white citizens until which time period? - Answer The mid-1960s How can positive poll results be beneficial to candidates? - Answer They can establish the candidate's credibility. One political risk associated with organizing public political events today is that actions ...

How often does Texas go through redistricting? - Answer Every 10 years What's the purpose of staggering terms of office for senators? - Answer It prevents the disruption that a political or economic upheaval might bring if the entire chamber were replaced in a single election cycle What is an effect of having "citizen legislators" who maintain careers outside of their jobs as public officials? - Answer The system creates potential conflicts of interest in which legi...

$16,000 - Answer National poverty guideline in 2006 for the continental USA 3% - Answer The Texas Lottery contributes approximately what percent to state revenues? 10th place - Answer Where does Texas rank in terms of average faculty salaries among the ten most populous states? 35% - Answer Federal funds represent approximately what % of the state's revenues? 45% - Answer State taxes account for approximately what % of the state's revenues? 140 - Ans...