Businesses facing competitive forces are only concerned with customers

Indicate whether the statement is true or false.

Answer: FALSE
Explanation: A company may compete with other businesses for employees in a tight labor market.

Business

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Which level of management is typically responsible for tactical control?

a. first-line managers b. team leaders c. top managers d. middle managers

Business

A manager catches an employee coming in late for work, and therefore decides that a new company-wide policy regarding work timings should be implemented in order to improve productivity

Which of the following cognitive biases is being experienced by this manager? A) groupthink B) illusion of Control C) frequency D) ego-defensiveness

Business