A company produces a variety of food products including hot dogs and hot dog buns. Which one of the following best describes these products?

QQS is a business that sells gravel and stone. It has recently announced the launch of a new purchasing system which it has publically stated ‘will help our business to reduce its inventory management costs by fifteen percent per annum’.

Employees in the purchasing department of QQS have stated their opposition to the introduction of the new system, as they are convinced that the cost savings will be through job losses within the department.

In fact, QQS is planning to make the savings through reduced inventory holding costs thanks to the new system allowing them to reduce the amount of inventory held at any given time.

However, QQS’s management have yet to explain this to staff.

According to Kotter and Schlesinger, which ONE of the following four reasons for resistance best explains the reaction of QQS’s purchasing department staff?

Tenco is a Chinese mobile phone manufacturer. Since market competition in the Chinese domestic market is fierce, Tenco has decided to change its focus to the African market where there are fewer competitors. Which one of the following best describes Tenco’s strategy?

QOS is a marketing consultancy business. QOS’s most recent corporate analysis has identified that three new businesses have recently entered its market and started aggressively targeting QOS’s key clients.

Which ONE of the following categories would these new business entrants to the market be classified within, as part of QOS’s corporate appraisal?

A firm’s statement of broad objectives or mission statement should accomplish all of the following except