What do you need to achieve cost leadership

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Reference no: EM133312345

1. Dispersing the power and decision making authority to the lower level of an organization is known as:

A. Organization

B. Centralization

C. Empowerment

D. Decentralization

2. "Which theory predicts that an employee will exert a high level of effort if he or she perceives a strong relationship between effort and performance, performance and rewards, and rewards and satisfaction of personal goals?"

A. Expectancy Theory

B. Equity Theory

C. Stakeholder Theory

D. Motivation Theory

3. What do you need to achieve cost leadership?

A. high brand visibility

B. Overhead kept to a minimum

C. Superior product quality

D. Positive brand image

4. What traits do leaders have?

A. Desire to earn lots of money

B. Extraversion

C. Self-centered

D. Enjoy doing volunteer work

5. All of the following are motivational theories, except _____________________.

A. Maslow's Hierarchy of Needs

B. Herzberg's two factor theory

C. Social Systems Theory*

D. McGregor's Theory X and Theory Y

6. Why is innovation important?

A. "Nothing is less risky than not innovating"

B. "Nothing is more risky than innovating"

C. "Nothing is more risky than not innovating"

D. "Nothing is less risky than innovating"

Reference no: EM133312345

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