1. Recruiting employees and seeking a job are heavily network-dependent. Which of the following is FALSE : Who you know can be more important than your resume A person’s cultural network may limit job...


1. Recruiting employees and seeking a job are heavily network-dependent.  Which of the following is
FALSE:




  • Who you know can be more important than your resume

  • A person’s cultural network may limit job opportunities

  • Equal access to jobs only needs to meet federal and state anti-discrimination laws

  • Social networks and cultural preferences can influence first impressions in a job interview




2. Which of the following is LEAST important when marketing planning?




  • The customer’s basic need and/or want

  • How do you refine the 4ps to effectively compete and ideally create a sustainable competitive advantage

  • Creating a value package and pricing that package to meet their needs/wants

  • Supply chain identification and controlling production costs



3. Which of the following FALSE related to finance:




  • The greater the risk, the greater the potential reward should be

  • Only consider opportunities offer guaranteed high returns on investment

  • Cashflow is critical

  • The best mix of variable and fixed costs depends upon the situation



4. Which of the following is LEAST likely to disrupt a market:




  • Technological innovation

  • A change in the minimum wage

  • A pandemic

  • Demographic changes leading to new preferences




Jun 10, 2022
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