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How can managers protect the proprietary technology of their firms?
Wiki User
∙ 10y ago
Managers can protect the proprietary technology of their firms by being vigilant. Make sure everything is locked up tight, make sure the employees are trustworthy, and make sure computers are secure and virus free.
Wiki User
∙ 10y ago
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Where can one find information about management consulting firms?
A number of websites provide information about management consulting firms such as stormscape. Stormscape has an extensive list of management consulting firms that are ranked.
What is the importance of competitors within firms?
it is to improve the competency of all firms in providing goods and services to the general public.
What are some actions that stockholders can take to ensure that management's and stockholders' interestes are aligned?
Threat of takeover.Managerial compensation: Managerial compensation is constructed not only to retain competent managers, but to align managers' interests with those of stockholders as much as possible.Direct intervention by stock holders: Today, the majority of a company's stock is owned by large institutional investors, such as mutual funds and pensions. These large institutional stockholders have the ability to exert influence on managers and as a result the firms operations.Treat of Firing: If stockholders are unhappy with current management, they can encourage the existing board of directors to change the existing management, or stockholders may even re-elect a new board of directors that will accomplish the task.Threat of takeover: If a stock price deteriorates because of management's inability to run the company effectively, competitors or stockholders may take a controlling interest in the company and bring in their own managers.
What is inter-firm trade?
Trade between firms.
What are pharmacy-benefits management firms?
Pharmacy-benefits management firms, or PBMs, are essentially intermediaries that negotiate discounts with pharmaceutical companies for large employers and managed-care insurers or health plans.
Is licensing proprietary technology to foreign competitors is the best way to give a firms competitive advantage?
Licensing proprietory technology to foreign competitors is the bes way to up a firms competitive advantage discuss
Why do managers split their firms stock?
To raise money.
What assumptions do owners of modern firms make about managers as agents?
hgh
Is the importance of financial managers to firms with large cash inflows greater than for firms with smaller cash flows?
true
What technology firms are making large pushes to market telecommuting technology?
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The potential conflict of interest between a firms owners and its managers is referred to as what?
agency
Where do technology pr firms exist?
Technology Public Relations firms typically are hired by companies for them to promote their brand name to the population. They exist outside of technology business, and are similar to contractors in that they are hired.
What is mean by cost disadvantage independent of scale?
Refers to cost advantages that established firms in a particular industry have, and which new entrants cannot duplicate. Common examples are government subsidies, access to raw materialls, proprietary technology, and prime real estate locations.
Which of the following statements is NOT true about information technology's impacts on business firms?
elps firms expand in size
Which technology firms in Montana are expanding to the UK?
Technology firms in Montana that are expanding to the United Kingdom include optics companies such as New Wave Research and NWB Sensors, Inc. Many of these optics companies are located in Bozeman, Montana.
What are the duties and respocsabilities of a marketing manager?
Marketing managers develop the firm's marketing strategy in detail. With the help of subordinates, including product development managers and market research managers, they estimate the demand for products and services offered by the firm and its competitors. In addition, they identify potential markets-for example, business firms, wholesalers, retailers, government, or the general public. Marketing managers develop pricing strategy to help firms maximize profits and market share while ensuring that the firm's customers are satisfied. In collaboration with sales, product development, and other managers, they monitor trends that indicate the need for new products and services, and they oversee product development. Marketing managers work with advertising and promotion managers to promote the firm's products and services and to attract potential usersMarketing managers develop the firm's marketing strategy in detail. With the help of subordinates, including product development managers and market research managers, they estimate the demand for products and services offered by the firm and its competitors. In addition, they identify potential markets-for example, business firms, wholesalers, retailers, government, or the general public. Marketing managers develop pricing strategy to help firms maximize profits and market share while ensuring that the firm's customers are satisfied. In collaboration with sales, product development, and other managers, they monitor trends that indicate the need for new products and services, and they oversee product development. Marketing managers work with advertising and promotion managers to promote the firm's products and services and to attract potential users Marketing managers develop the firm's marketing strategy in detail. With the help of subordinates, including product development managersand market research managers, they estimate the demand for products and services offered by the firm and its competitors. In addition, they identify potential markets-for example, business firms, wholesalers, retailers, government, or the general public. Marketing managers develop pricing strategy to help firms maximize profits and market share while ensuring that the firm's customers are satisfied. In collaboration with sales, product development, and other managers, they monitor trends that indicate the need for new products and services, and they oversee product development. Marketing managers work with advertising and promotion managers to promote the firm's products and services and to attract potential users
Why it is important for the managers to understand macroeconomics?
Business managers need to know about macroeconomics because firms operate in and are influenced by the behavior of the overall economy. Factors such as interest rates, employment, inflation, money supply, etc., affect the business environment and financial conditions in general, so firms must address macroeconomic issues in their planning and management strategy. Macroeconomic forecasts and strategies are more important for large firms than for small businesses.
