Chapter 1 Flashcards
1
Q
competitive advantage
A
anything that gives a firm an edge over rivals in attracting customers and defending itself against competition
2
Q
Hawthorne effect (findings)
A
people improve their behavior or performance simply because they are being assessed
3
Q
Hawthorne effect (study)
A
- researchers in a factory increased the lighting several times and production went up
- turned light down and production still went up
4
Q
parochialism
A
viewing the world solely through one’s own eyes and perspective
5
Q
what aspect of B.O. does the Smucker’s case look at?
A
ethical behavior