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Business Studie...

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  • Question 1
    5 / -1

    Which of the following does not characterise the business environment?

  • Question 2
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    When a company taken over another one and clearly becomes the new owner, the action is called

  • Question 3
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    Which of the following does not explain the impact of Government policy changes on business and industry?

  • Question 4
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    The trend of health and fitness has created a demand for products like gyms, bottled mineral water, and food supplements, etc. These are examples of __________.

  • Question 5
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    Relaxing the restrictions and controls imposed on Business and industry means

  • Question 6
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    Liberalisation means

  • Question 7
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    Gross Domestic Product (GDP) is concerned with ____________

  • Question 8
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    Subsidy to cotton textile businesses is the __________

  • Question 9
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    Directions For Questions

    Direction: Read the passage and answer the question that follow:

    McNeil Consumer Healthcare, part of the Johnson & Johnson family, operates with a decentralized management system, differing from many other companies. Johnson & Johnson runs its operations through 190 smaller companies, each focused on a specific product or geographic area. This decentralization allows for agility and focus, with each affiliate maintaining short lines of communication with both customers and employees. This system promotes flexibility, quicker decision-making, and the ability to tailor operations to local needs. Through decentralization, McNeil Consumer Healthcare and its affiliates are able to stay close to their customers and employees, fostering innovation and responsiveness to changing market demands.

    ...view full instructions

    What is the primary advantage of decentralization at Johnson & Johnson?

  • Question 10
    5 / -1

    Directions For Questions

    Direction: Read the passage and answer the question that follow:

    McNeil Consumer Healthcare, part of the Johnson & Johnson family, operates with a decentralized management system, differing from many other companies. Johnson & Johnson runs its operations through 190 smaller companies, each focused on a specific product or geographic area. This decentralization allows for agility and focus, with each affiliate maintaining short lines of communication with both customers and employees. This system promotes flexibility, quicker decision-making, and the ability to tailor operations to local needs. Through decentralization, McNeil Consumer Healthcare and its affiliates are able to stay close to their customers and employees, fostering innovation and responsiveness to changing market demands.

    ...view full instructions

    How does decentralization benefit McNeil Consumer Healthcare?

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