According to force field analysis,

change will occur when the sum of the opposing forces is zero.

ignoring forces against change facilitates the change process.

change occurs when forces in one direction exceed forces in opposing directions.

forces resisting change must be eliminated before change can occur.

Team-building meetings are effective for work groups that compete with other groups, but not for noncompeting work groups. True or false

Big competitors are interested in a niche market with a relatively few customers.

--- True False

Faster decision making is a disadvantage of the flat organization. False or true

Find the odd one from the following list.

Technology strategy

Acquisition strategy

Blue-ocean strategy

Innovation strategy

The term used for the power of a brand to influence purchases and loyalty:

Loyalty points

Brand equity

Frequent buyer

Market value

The work of Edward Deming and J.M. Juran in Japan focused on improving

production quotas

productivity rates

quality

customer service

management communication

Attorneys are very useful when one buys a company. True or false

Identify the one that represents the value an asset might fetch if sold on the open market.

Net profit margin

Profit

Book value

Market value

Identify the strategy which combines two companies, in such a way that they make combined decisions and operations.

Diversification strategy

Generic strategy

Merger strategy

Acquisition strategy

What is the purpose of enterprise zones?

Avoid competition

Encourage development in designated areas

Encourage specific category of products

Give training to locals

Which among the following allows a free market to exist and promotes competition?

Mixed economy

Socialism

Secularism

Capitalism

Relative to OD interventions, process coaching is aimed at the , whereas is aimed at the entire organization.

individual; role analysis

individual; skill development

group; skill development

individual; survey feedback

group; team building