One of the advantages of targeting a market segment globally is that although the segment in a single-country market might be small, even a narrow segment can be served profitably if the segment exists in several countries

Which of the following is a drawback of the bureaucratic approach to management?

A. Production tasks are reduced to machine-like movements that lead to boredom. B. This approach may not help managers deal with competitors and government regulations. C. This approach does not accommodate rapid decision making and flexibility. D. This approach emphasizes only money as a worker incentive. E. This approach ensures that all employees perform their best with excessive rules and regulations.

Most Statutes of Frauds permit lease contracts that last for less than five years to be orally contracted

Indicate whether the statement is true or false