Steps to Update a Company's Capabilities to Match Changing Market

question 46

Multiple Choice

Steps to update a company's capabilities to match changing market conditions and customer expectations take place often include

• A)staffing the organization.
• B)recruiting and retaining talented employees.
• C)acquiring, developing, and strengthening key resources and capabilities.
• D)organizing value chain activities and business processes.
• E)structuring the organization and work effort.

Explain the impact of federal legislation on civil rights, with an emphasis on the Civil Rights Act of 1964 and the Voting Rights Act of 1965.

Explain the constitutional basis and controversy surrounding the right to bear arms, including recent Supreme Court decisions and variations in state regulations.

Discuss the advances and setbacks in women's rights over the last 30 years, including the Equal Rights Amendment, Title IX, and relevant Supreme Court decisions.

Define affirmative action policies, describe their main goals, and discuss Supreme Court decisions related to these policies.

---

Definitions:

Operating Loss

The amount by which the operating expenses of a business exceed its gross profits.

Fixed Costs

Expenses that do not change in proportion to the activity of a business, such as rent, salaries, or insurance.

Materials Markup

The extra percentage added to the cost price of goods to cover overhead and profit when selling goods.

Labor Rate

The cost paid to labor per unit of time, often referred to as wage rate or hourly rate.