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You have just been promoted from front-line supervisor to be one of the firm's senior managers. During your business education, you learned that the primary role of a manager is to make good decisions. As a supervisor, you had frequently been making routine decisions, but you realize that decision making for the overall company can and will have far greater impact on the company and its employees.
Your boss, the chief executive officer (CEO), realizes that you do not have much practice in this higher level, decision-making process and has asked you to write a memo describing your understanding of how to make important decisions.
Your memo should address the following questions:
1. Identify and discuss real examples of companies with a competitive advantage based on customer lock-in as opposed to product innovation. Which do you expect to sustain a
Purchase Alternative: Purchase for $55,000 inclusive sales tax, title fees, etc. The resale value of the vehicle at the end of 48 months is expected to be is $31,000 minus $0.
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When you respond to the questions, don't write your responses in the form of a study sheet, but instead try to create a holistic essay that features an introduction and conclu
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