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To help me understand the necessity of a group decision and single authority decision in context of problem solving and decision making, please make a scenario where the decision made by a group but you suggest should have been better made by a single individual.
Note: please answer in context of problem solving and decision making
Q1. Who was involved in making decision?
Q2. What was the rationale (if any) for their involvement?
Q3. What were the dysfunctional consequences of using group decision making in this instance?
Suppose Cubas government collapses and the nation embarks on a path of economic transition. How might Cubas experience differ from that of Russia and China?
nancy is consuming her optimal consumption bundle of burritos and margaritas. the marginal utility of her last burrito
The ratio of capital to output is 3. The growth rate of output is three percent. The depreciation rate is four percent. What is the marginal product of capital.
Currently, the economy is in equilibrium at Q = 3200 (where Q = potential GDP) and P = 100. You can use monetary and fiscal policies to affect aggregate demand but you cannot affect aggregate supply in the short run.
Monopolies are typically frowned upon in U.S. business, preferring more competitive models. However, many industries are stillmonopolistic in our everyday dealings. In this discussion, name an example of a monopoly that you have encountered
If, at age 25, you open an IRA account paying 10 percent annual interest and you put $2000 in at the end of each year, what will be your balance at age 65?
Your college plans to increase total enrollment next year by 5,000 students. The additional students will have the following demand schedule: [Refer the attachment, table2] Now add the old demand schedule and the demand schedule for the new students ..
In your view, should leaders in the public service pursue the "greatest good for the greatest number," or follow a set of moral rules when they make decisions involving difficult ethical issues?
Suppose that the economy's production function is Y = 2K 2AN that the saving rate, s, is equal to 16%, and that the rate of depreciation, d, is equal to 10%. Suppose further that the number of workers grows at 2% per year and that the rate of te..
Analyze the role of credit rationing in both a developed country and a less-developed country. How does the role of credit rationing influence economic growth and employment in these two countries?
What influence do consumers have on market structures? What influence do producers have? Why? If necessary, complete additional research to support your ideas
1. suppose you have 24 to spend on either tea t or sugar s. sugar costs .10 per and tea costs .60 per cup
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