Managers Often Do a Poor Job of Identifying Potential Competitors

question 3

True/False

Managers often do a poor job of identifying potential competitors because they tend to focus on only two or three well-known competitors with similar goals and resources.

---

Definitions:

Nonunion Workplace

An employment setting where the workforce is not organized or represented by a labor union.

Step-Review System

A system for reviewing employee complaints and disputes by successively higher levels of management.

Step-Review Procedure

A formal process used in performance evaluations where feedback and objectives are reviewed in sequential steps or stages.

Progressive Discipline

A human resources strategy that applies increasingly severe actions or penalties for repeated employee infractions or performance issues.