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True or False (Principles of Business Mangement)
1. Self-serving bias is a form of attribution error that involves blaming the environment for problems you caused.
2. Groupthink can make it difficult for highly cohesive teams to lose their critiical evaluative capabilities.
3. Social loafing on team is a behavior tolerated by co-workers out of fear of "rocking the boat." Such toleration stems from fear of confrontation.
4. Consensus cannot be achieved on teams, as it is a process that takes too much time. It is a foolish goal that cannot work in American culture.
5. Cost-benefit analysis would be a tool for step 2 of the decision-making process.
Which stage of the product life cycle would you place smart phones in, and why would you so place them.
When purchasing a new system, you should check the references of some current clients. Select a type of system (CRM, Inventory control. Point-of-sale, front desk, etc.) and come up with a list of at least 10 questions you should ask a reference relat..
Although “organizational communication” is complex and difficult to define, Charles Redding gives us a starting point by defining a complex organization as having four essential features. Identify and briefly describe each feature.
Which of the following is NOT an action query? Which of the following is NOT true of a birth date field?
Discuss how supply chain management decisions impact the ability to excel in certain dimensions. Specifically, consider
Eleven up, Inc. uses SPC to ensure that cans of soda meet a minimum weight requirement. They take samples of 900 cans and reject those that weigh below the requirement. The control chart has already been developed for this process, establishing a ran..
Jake served on a committee of employees who were charged with selecting three co-workers to honor at the holiday banquet. One employee whose name was at the top of everybody’s list was instrumental in helping another employee who failed to wear his p..
Montegut Manufacturing estimated cost-minimizing quantity using production order model to be 500 units. Production averages 100 units per day, while demand is 20 units per day. Holding costs are $3.00 per unit per year, and setup cost is $60.00. If t..
Freight car loadings over an 18-week period at a busy port are as follows: Week Number Week Number Week Number 1 380 7 450 13 655 2 385 8 500 14 665 3 390 9 550 15 715 4 385 10 545 16 720 5 390 11 595 17 725 6 400 12 645 18 730. The manager intends t..
Discuss the two sources of recruiting that an organization can use. In your response include a listing of some of the methods available for each of the sources. What are the advantages and disadvantages of each of the sources and methods.
A well-designed compensation philosophy supports the organization’s strategic plan and initiatives, business goals, competitive outlook, operating objectives, and compensation and total reward strategies. 2) Describe the advantages of discretionary b..
Determine how the lean fundamentals of flow and inventory control might improve one or more of the organizations listed below: University academic department, Health-care facility.
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