Commitment, trust, and communication are necessary in
a. a unilateral governance structure.
b. a bilateral governance structure.
c. a dominant alliance.
d. a reciprocal alliance.
e. an innovative firm.
B
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Horse Stock returns have exhibited a standard deviation of 0.57, whereas Mod T Stock returns have a standard deviation of 0.63. The correlation coefficient between the returns is 0.078042. What is the covariance of the returns?
A) 0.028025 B) 0.217327 C) 0.359100 D) 0.993094
Which of the following statements regarding resource flexibility is BEST?
A) Training is a small part of worker flexibility. B) Specialization of employees is consistent with worker flexibility. C) Worker flexibility is not a priority if the process is subject to hourly or seasonal peaks in demand. D) Resource flexibility requires employees to be able to perform a broad range of duties, and equipment usually must be more general purpose.