A company manufactures children’s clothing and prices them a…
A company manufactures children’s clothing and prices them at twice the price of other children’s clothing brands. The clothes sell exceptionally well because customers believe that its clothes are made of non-irritant and non-allergenic fabric. The company’s competitors do not have access to this type of fabric and cannot produce the same quality of clothing. The special fabric used in the clothing gives the company:
Read DetailsA leading electronics firm has been in the industry for abou…
A leading electronics firm has been in the industry for about three decades. As new competitors have entered the market, its market share has dropped. The managers refuse to change any of their strategies because they believe their existing strategies will help them regain market leadership as they did in the past. This scenario is an example of: .
Read DetailsA clothing company manufactures clothing with micro-cool, a…
A clothing company manufactures clothing with micro-cool, a special type of fabric that can absorb heat and keep the individual wearing the clothes cool in the summer. None of its competitors have been able to manufacture this type of clothing. This ability to produce superior quality clothing is the company’s:
Read DetailsA greeting card manufacturing company has retail stores in m…
A greeting card manufacturing company has retail stores in most parts of the country. It hires its employees from the best universities around the world and uses the best equipment in its manufacturing processes. In this scenario, the organization’s processes, its employees, and its equipment are examples of its:
Read DetailsA real estate developer has been in the market for several y…
A real estate developer has been in the market for several years. Most real estate developers are now constructing their projects using concrete blocks because they are more durable and easier to lay out when compared to traditional brick and mortar. However, this developer has been reluctant to use concrete blocks because its brick-and-mortar houses have sold well so far. It will continue to sell the same even if new competitors and better products enter the market. Which of the following concepts is illustrated in this scenario?
Read DetailsAn employee always takes two hours to complete a job that ca…
An employee always takes two hours to complete a job that can be completed in one hour. They believe that taking more time to finish the work will impress their supervisors. In the context of workplace deviance, this is an example of:
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