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Teams make conclusions that can dramatically affect companies. To make effective adoptions, teams can select from several decision-making strategies. Consider the subsequent situation and think about which strategy might yield the best results- ‘The department heads of Richardson Plastics sit down to deliberate next year's budget. Fabrication utters that two of their extruders are outdated and want to be replaced. Accounting describes that without at least two more staffers, they cannot keep up with the books. Shipping needs additional funding to cover the rising cost of gasoline. Sales trusts they could acquire more clients with a larger travel fund. Everybody wants a larger budget this year.' Which strategy would be most operative in this situation? a) A consensus b) Averaging c) A minority decision
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Explain Superior Supermarket's competitive interaction in Centralia and what pricing considerations should be considered by Superior Supermarket?
Read Leadership in Complex Organizations - Russ Marion. What is the main purpose of the article?
What are the differences between a business plan, a budget and company policies?
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