Author Question: Global structures have grown out of competitive necessity. Indicate whether the statement is true ... (Read 77 times)

penza · **on:** Jun 29, 2018

Global structures have grown out of competitive necessity.

Indicate whether the statement is true or false

Question 2

What are the three types of gaps that may reflect a problem, indicating that research may be needed to assist a business in making some decision? Give an explanation of each.

zogaridan · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

T

Answer to Question 2

The gap can come about in a number of ways:
(1) Business performance is worse than expected business performance. For example, sales, profits, and margins could be below targets set by management. Or employee turnover is higher than expected.
(2) Actual business performance is less than possible business performance. Realization of this gap first requires that management has some idea of what is possible.
(3) Expected business performance is greater than possible business performance. This could be due to management having an unrealistic view of possible performance levels.