Apple Computer's "Smart Team" Is an Example of a Firm

question 67

Multiple Choice

Apple Computer's "smart team" is an example of a firm that succeeded by:

• A)encouraging each manager to focus on a well defined area of the business and build his own specialized department.
• B)bringing together a group of talented and experienced managers to conceive,develop,and market products.
• C)emphasizing a low price and low cost strategy right from the beginning.
• D)assembling a group of employees whose inexperience was a plus,because they did not come with the baggage and institutional ideas of larger companies.

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Definitions:

Intrinsic Worth

It refers to the inherent value that something has in itself, irrespective of its utility to others.

Human Beings

Members of the species Homo sapiens; individuals who possess rationality and consciousness.

Other Animals

Refers to non-human animals, emphasizing the differences and relations to human beings.

Self-Defeating

Behaviors or actions that undermine one's own goals or interests.