Which of the following is MOST important for developing and using core competencies? What aspect of exploiting and maintaining core competencies relates directly to the effective use of human capital?

The separation of ownership and control is the most effective means used by firms to prevent managerial opportunism

Toyota and its suppliers have a relationship in which Toyota encourages suppliers to modernize their facilities and provides them with technical and financial assistance to do so. It also promotes longer-term contracts with suppliers and enables engineers in the supplier companies to have better communication with Toyota. This is an example of a(n):

Induced strategic behavior is a process that fosters product innovations that:

After years of negotiating short-term contracts with its suppliers, Icon Images has decided to agree to longer-term contracts. In doing this, Icon Images is hoping to:

Rosalie has become totally preoccupied with her idea for creating a business leasing horses to riders on the same principle as time-shares on condominiums. Rosalie is researching the legal, financial, and insurance aspects of her idea and is preparing a prospectus to take to banks to ask for a business loan. Rosalie’s significant other is complaining that she “sleeps, eats, and drinks” this concept. Rosalie has the entrepreneurial characteristic of passion

CEO duality exists when a single individual is both the CEO and the chair of the board

Which of the following reasons would NOT explain the difficulty of determining appropriate executive compensation?

An entrepreneurial mind-set, cross-functional product development teams, and shared values/leadership are ways that firms implement internal innovations

The way that U.S. corporate boards of directors are presently structured, they have little influence on the unethical behavior of top management