Government agencies, which tend to have an internal focus and emphasizes stability and control, are classified

as having a(n)

A) adhocracy culture. B) hierarchy culture. C) autocracy culture. D) clan culture.

B

Business

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A company that produces racing motorbikes has several models that sell well within the motorcycle racing community and which are very profitable for the company

Despite having a profitable product, why must this company take care to ensure that it has sufficient cash on hand to meet its obligations? A) Profits from the sales of popular models will be lost when returned to the shareholders in the form of dividends. B) New models will require a lot of money to develop and bring to market before they generate any revenue. C) The company will have built up debts which must be repaid in order to bring the current models to market. D) Equity must be raised to finance the development of new models to replace the existing models.

Business

As new products that are better than the existing generation of products are introduced, sales normally increase because the new products provide consumers increased value or worth

This process, which is called ________, stimulates economic activity, which is a good thing for the economy. A) creative destruction B) repetitive destruction C) iterative replacement D) inventive replacement E) iterative destruction

Business