Panera Bread Develops and Produces Its Own Dough-Based Products,but It

question 121

Multiple Choice

Panera Bread develops and produces its own dough-based products,but it works with manufacturing partners to create new soups. Panera Bread is therefore

• A)increasing its costs and reducing its potential to succeed.
• B)engaged in internal corporate venturing.
• C)pursuing innovation through both internal and cooperative strategies.
• D)not an innovative company.

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Definitions:

"Big Man"

A term used in anthropology to describe a leader or highly influential individual in a tribe or community, especially in Melanesian and Polynesian societies.

Authority

Claiming and exercising power as justified by law or custom of tradition.

Legitimacy

The general belief that a rule, institution, or leader has the right to govern or command, often based on law, custom, or consent.

Chiefdoms

Socio-political organizations in which authority is centralized in a single leader who wields economic, political, and ceremonial control, often hereditary.