Match the definition to the correct key term. 

In the context of job design, which of the following is true of job specialization?

_____ is the vertical and horizontal configuration of departments, authority, and jobs within a company.

_____ are standing plans that indicate the specific steps that should be taken in response to a particular event.

Which of the following statement is INCORRECT about Porter’s value chain model?

_____ is a strategy for reducing risk by buying a variety of items so that the failure of one stock or one business does not doom the entire portfolio.

An investment of $2200 earned interest at 9.3% per annum compounded quarterly. How much would would the investment be worth in 5 years?   (5 marks)

Which of the following statements is true of the relationship between social responsibility and economic performance?

_____ are used by managers to measure whether their firm has developed the core competencies that it needs to achieve a sustainable competitive advantage.

Calculate the total number of compounding periods, n, for each of the following.   (1 mark each) a) compounded semi-annually for 7 years b) compounded monthly for 5 years c) compounded weekly for 3 years