The total quality management approach to budgeting sets budgeted amounts at levels that can be achieved through reasonably efficient operations

According to managers, the number one consideration in hiring someone is his or her ability to communicate orally

Indicate whether the statement is true or false.

A dominant design is more likely to emerge in all of the following conditions EXCEPT:

a. In the presence of strong network externalities. b. When the company engages in an open business model, sharing know-how. c. When new products are based on incremental rather than radical changes. d. Competing companies invest heavily in R&D, creating pressure to select a dominant design. e. All of the above are likely conditions for dominant designs to emerge.