Johnson & Johnson embodies its organizational culture in The Credo, which is the firm's ________.
A) code of conduct
B) vision statement
C) strategic plan
D) mission statement
Question 2Which of the following is the primary disadvantage for employers who use private employment agencies to fill positions?
A) White-collar applicants are difficult to attract.
B) Applicant screening may not be thorough.
C) Applicant processing time is too lengthy.
D) Application procedures are complicated.
Question 3An employer will most likely use a private employment agency in order to ________.
A) receive assistance writing job ads
B) adhere to federal hiring practices
C) fill a specific job opening quickly
D) spend more time recruiting applicants
Question 4A consortium is defined as which of the following?
A) a project-based, non-equity licensing venture
B) two partners forming a new legal entity
C) an equity venture to consolidate the value chain
D) multiple partners participating on a large-scale project
Question 5Which of the following is one of the first questions managers should consider before entering a collaborative venture?
A) Should our firm agree to a formal contract arrangement with a business partner?
B) How will our firm measure success at the end of the contractual time frame?
C) Can our firm be successful in this foreign market without a business partner?
D) What kind of technical and managerial support is needed by the foreign partner?
Question 6Successful international retailers most likely have which of the following?
A) bilingual managers and salespeople and a sophisticated marketing campaign
B) a highly developed business plan and an understanding of the target market
C) solid capital assets and a minimal cost of foreign and domestic operations
D) a structured organizational system and the support of local governments
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