Adam Is a First-Line Manager for Idle Time Gaming,Inc

question 127

Multiple Choice

Adam is a first-line manager for Idle Time Gaming,Inc. ,a company whose values and focus is innovation.Having recently transferred in from a traditional retail top/down) company,which of the following changes will the new company expect Adam to embrace?

• A)He must continue to issue detailed instructions to give the teams a sense of direction
• B)He will no longer have a management position in the firm,since the purpose of teams is to eliminate the need for first-line managers
• C)He will need to act less like a "boss" and more like a coach,advisor,counselor,and team player
• D)He will isolate himself from his subordinates

Differentiate between insourcing, outsourcing, and related concepts.

Identify the characteristics and implications of the gig and sharing economy.

Apply the 80/20 rule in the context of software implementation and business process alignment.

Comprehend Software as a Service (SaaS) and its delivery model.

---

Definitions:

Skimming Pricing

A pricing strategy involving setting high prices initially and then gradually lowering them to make the product available to a broader market.

Penetration Pricing

A pricing strategy where the price of a new product is set lower than competitors to quickly gain market share.

Skimming Strategy

A pricing tactic that involves setting a high price for a new product to maximize profits from segments willing to pay more, before lowering the price over time.

Price Insensitivity

A condition where the demand for a product is unresponsive or less sensitive to changes in its price.