Question 15.15 . ( TCO 6 ) Some of the characteristics of lean systems include which of the following ? ( Points : 5 )
Question 16.16 . ( TCO 7 ) A common reason that companies fail is ( Points : 5 )
Question 17.17 . ( TCO 7 ) Imagine that you have just earned your business degree and have been hired as a hospital administrator at a small hospital that , like many others , is experiencing financial problems . A suggestion that you would make to help improve the financial position of the hospital and correct the financial problems is to ( Points : 5 )
CO 1 ) What type of economic system lies between capitalism and communism ? Explain why it is more effective than other economic systems . ( Points : 25 )
Question 2.2 . ( TCO 2 ) Compare and contrast strategic alliances with joint ventures . ( Points : 25 )
Question 3.3 . ( TCO 3 ) Identify and explain the incentives for entrepreneurship . Address why someone would willingly take the numerous risks associated with running a business . Also , discuss the major attributes necessary for a successful entrepreneur . ( Points : 25 )
Question 4.4 . ( TCO4 ) Define marketing . Compare and contrast place marketing with cause-related marketing .
( Points : 25 )
Question 5.5 . ( TCO 5 ) Define the five major types of organization structure . ( Points : 25 )
Question 6.6 . ( TCO 6 ) Businesses try to create systems that deliver goods or services to customers as efficiently as possible . This often