According to McClelland, people who have the desire to do something better or more efficiently than it has ever been done before have a high need for ________.

The Razzmatazz Group of companies plans to launch a new flavor of crackers that is distinct and unusual. Which one of the following strategies is the company following to become more competitive?

Kreme Makeups, Inc., an SBU of Kreme Industries, offers a wide variety of makeup products and accessories for women. Although the market growth rate is high, the SBU’s current market share is low and it needs substantial investment. The parent company is trying to decide if Kreme Makeups has long-term sustainability before investing any more cash in it. In the context of the BCG matrix, this SBU of Kreme Industries would be classified as a ________.

________ involves improving the firm’s ability to execute strategies and focuses on new processes instead of new products.

Measuring the present socially responsible activities of an organization to assess performance in those areas is known as a/an ________.

Rita has a nonprogrammed decision to make so she has gathered input on alternatives from her staff, her management, and her coworkers. Now it’s almost as if she has too many alternatives. Rita finds herself faced with a ________.

A disadvantage of using flextime programs is ________.

What does a managerial grid score of 9,1 indicate?

A manager collected data on the rate of promotions of African-American men in her division to assess the effectiveness of diversity training within the division. In doing so, she was involved in the activity of ________.

Lisa is trying to decide on the location of her entrepreneurial venture — Flower Power, a specialty wedding flower service. She has three possible locations (A, B, C) in mind. Lisa has projected that in the first year of operation, under ideal conditions, her company would generate $80,000 at Location A, $55,000 at Location B, and $45,000 at Location C. However, after further analysis, Lisa has determined that there is only a 20 percent chance of ideal conditions occurring during the first year of operation in Location A. Locations B and C have a .4 and a .8 probability, respectively, for ideal conditions during the first year of operations. Based on this information, the expected value for Location A is ________, while for Location B it is ________.