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Who directed firms in the 1920s?
In the 1920s, firms were often directed by a combination of individual entrepreneurs, business leaders, and corporate executives who played key roles in management. This period saw the rise of modern management practices, with figures like Henry Ford in the automotive industry and J.P. Morgan in finance influencing corporate strategies. Additionally, the emergence of professional managers began to shape organizational structures, moving away from family-run businesses to more formalized corporate governance.
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 the relevance of the resource based view of the firm to strategic management in global environment?
The resource-based view (RBV) of the firm is crucial to strategic management in a global environment as it emphasizes the importance of a firm's internal resources and capabilities as sources of competitive advantage. In an increasingly interconnected world, firms must leverage unique resources—such as technology, brand equity, or skilled labor—to differentiate themselves from global competitors. RBV encourages firms to assess and develop their distinctive competencies, allowing them to adapt strategies that align with diverse market conditions and cultural contexts. Ultimately, this perspective helps firms sustain their competitive edge in a dynamic global landscape.
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.
Is the importance of financial managers to firms with large cash inflows greater than for firms with smaller cash flows?
true
What assumptions do owners of modern firms make about managers as agents?
hgh
The potential conflict of interest between a firms owners and its managers is referred to as what?
agency
What technology firms are making large pushes to market telecommuting technology?
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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 firms are NASDAQ member firms?
NASDAQ member firms are brokerage firms and financial institutions that are authorized to execute trades on the NASDAQ stock exchange. These firms can include investment banks, retail brokerages, and institutional trading firms. Membership allows them to facilitate buying and selling of securities on behalf of clients and engage in proprietary trading. Examples of such firms include large entities like Goldman Sachs, Morgan Stanley, and smaller boutique brokerages.
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
