Business Strategy And Development Canadian 2nd Edi
Business Strategy And Development Canadian 2nd Edi
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TEST BANK for Business Strategy and development Canadian 2nd edition by Gary Bissonette All Chapters
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Business Strategy And Development Canadian 2nd Edi
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Business Strategy And Development Canadian 2nd Edi
TEST BANK business strategy
Gary Bissonette Canadian edition
business strategy book
Canadian business strategy textbook
Gary Bissonette 2nd edition
business development strategy
strategy and development book
TEST BANK strategy solutions
Gary Bissonette chapters
business strategy Canadian a...
, TEST BANK
Business Strategy and development Canadian
2nd edition by Gary Bissonette All Chapters
TRUE/FALSE.Y WriteY 'T'Y ifY theY statementY isY trueY andY'F'Y ifY theY statementY isY false.
1) CommercialYendeavoursYrefersYtoYtheYmarketsYtheYorganizationYserves,YtheYproductsYitYoffers,YandY
theYneedsYitYprofessesYtoYmeetYinYtheYmarketplace.
Answer:Y Y True False
2) EmployeeYinteractionYisYaYreflectionYofYtheYcomplexitiesYofYtheYbusinessYactivitiesYthatYcircula
teYwithinYanYorganization.
Answer: True Y False
3) OrganizationalYefficiencyYandYstructureYrefersYtoYtheYvalue-
creatingYskillsYanYorganization'sYemployeesYbringYtoYtheYmarketplace.
Answer: True Y False
4) EmployeeYinteractionYrefersYtoYtheYvalue-
creatingYskillsYanYorganization'sYemployeesYbringYtoYtheYmarketplace.
Answer:Y Y True False
5) BusinessYcanYbeYthoughtYofYasYaYsystemYdesignedYtoYgrowYaYmarketYforYanYorganization'sYgoodsYa
ndYservicesYandYcreateYorganizationalYvalueYonYbehalfYofYstakeholders.
Answer:Y Y True False
6) AnyYorganizationYthatYproducesYaYgoodYorYserviceYcanYbeYclassifiedYasYaYbusiness.
Answer: True Y False
7) TheYgoalYofYbusinessYactivitiesYisYprofit.
Answer: True Y False
8) ProfitYisYwhatYitYcostsYtoYmakeYandYsellYaYproduct.
Answer: True Y False
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,9) BusinessesYhaveYtheYrightYtoYkeepYandYuseYtheirYprofitsYasYtheyYchoose,YwithoutYlimitations.
Answer: True Y False
10) BusinessesYseekYtoYearnYaYprofitYbyYprovidingYgoodsYandYservicesYtoYothers.
Answer:Y Y True False
11) RevenueYisYtheYamountYaYbusinessYearnsYaboveYandYbeyondYwhatYitYspendsYforYexpensesYandYcosts.
Answer: True Y False
12) AYmanagerYisYanYindividualYwhoYassumesYtheYriskYofYstartingYaYbusiness.
Answer: True Y False
13) IfYaYbusiness'sYcostsYandYexpensesYareYgreaterYthanYitsYrevenue,YitYwillYsufferYaYloss.
Answer:Y Y True False
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, 14) TheYbusinessYmodelYcanYbestYbeYvisualizedYasYtheYunderlyingYoperationalYplatform.
Answer: True Y False
15) TechnologyYcanYhelpYbusinessesYbecomeYmoreYefficientYandYproductive.
Answer:Y Y True False
16) SuccessfulYfirmsYfollowYaYcustomer-drivenYstrategy,YasYopposedYtoYtheYmanagement-
drivenYstrategyYusedYinYtheYpast.
Answer:Y Y True False
17) TheYcompetitiveYenvironmentYnowYempowersYmanagersYtoYmakeYdecisionsYquicklyYforYtheirYfro
ntYlineYemployees.
Answer: True Y False
18) ManagersYcoordinateYresourcesYtoYachieveYorganizationalYobjectives.
Answer:Y Y True False
19) BusinessesYseekYtoYearnYaYprofitYbyYprovidingYgoodsYandYservicesYtoYothers.
Answer:Y Y True False
20) IfYaYbusiness'sYcostsYandYexpensesYareYlessYthanYthanYitsYrevenue,YitYwillYearnYaYprofit.
Answer:Y Y True False
21) OnYtheYcompany-
centricY(businessYsystem)YsideYofYtheYbusinessYmodel,YtheYkeyYactivitiesYcellYrefersYtoYtheYinfrastruc
tureYandYresourceYbaseYofYtheYorganization.
Answer: True Y False
22) TheYBuckmakerYCorporationYgeneratedYtotalYrevenuesYofY$30YmillionYdollarsYwhileYincurring
Y expensesYofY$17Ymillion.YDuringYtheYyearYBuckmakerYearnedYaYprofitYofY$13Ymillion.
Answer:Y Y True False
23) SuccessfulYbusinessesYconstantlyYmonitorYconsumerYwantsYandYneeds.
Answer:Y Y True False
24) Not-for-
profitYorganizationsYsuchYasYtheYCanadianYCancerYSocietyYdoYnotYengageYinYmanagement,Ymark
eting,YorYfinanceYactivities.
Answer: True Y False
25) ToYremainYcompetitiveYinYtoday'sYmarket,YfirmsYmustYproduceYaYqualityYproductYandYofferYoutstandi
ngYserviceYatYaYreasonableYprice.
Answer:Y Y True False
26) ProducingYaYhighYqualityYproductYwillYensureYsuccessYinYtheYcompetitiveYenvironment.
Answer: True Y False
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