Question 61
A publishing business prints thousands of books every week. The Managing Director employed Taylor's Principles of Scientific Management in order to run the business efficiently. Which of the following would not have been initiatives he would have introduced into the business?
Select ALL that apply.
Select ALL that apply.
Question 62
Porter's Diamond model suggests that there are four factors which determine national competitive advantage. The four are listed below. Which has the incorrect definition?
Question 63
Many public companies remain committed to the rational approach to strategic decision making believing that the long term advantages outweigh the disadvantages.
Which TWO of the following factors are considered to be advantages of the rational approach?
Which TWO of the following factors are considered to be advantages of the rational approach?
Question 64
In the UK there is a principles based approach to corporate governance. Which THREE of the following statements are part of this approach?
Question 65
The means by which competitive advantage might be gained differs, depending on whether a resource based approach or a positioning approach is adopted.
Which of the following options characterises the resource based approach?
Select ALL that apply:
Which of the following options characterises the resource based approach?
Select ALL that apply: