Companies from the nation of Atlantis are more efficient in the production of certain types of apparel, while companies from the U.S. are more efficient in the production of certain types of computers. Which economic theory predicts that capital would move to Atlantis and be invested there to produce apparel, while capital from around the world would flow to the United States and be invested in its innovative computer software companies?

Programmed decisions are made in response to unusual or novel opportunities and threats.

The higher the barriers to entry in an industry, the more difficult it is to enter the task environment of that industry.

Which of the following is a way to bring distant managers together to brainstorm and is a written approach to creative problem solving?

Which of the following is an appropriate definition of organizational performance?

The four building blocks of competitive advantage are superior efficiency, quality, innovation, and responsiveness to customers.

A broad declaration of an organization’s purpose, products, and customers is called a mission statement.

Which of the following is true of low efficiency/high effectiveness situations?

A performance appraisal, which includes an employee’s peers or coworkers, subordinates, supervisors, and sometimes even clients, is a _______________ appraisal.

Under the utilitarian rule, an ethical decision is one that best maintains and protects the fundamental rights and privileges of the people affected by it.