What can be done to improve a group's dynamics? Explain.
What will be an ideal response?
Student answers will vary; additional sample answers may be found in the IM.
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As a business adds products to its product line that have the same purchased materials and similar manufacturing processes, it is able to lower the average unit cost of all products, producing a ________ effect
A) network B) scope C) Mohring D) scale E) cluster
Operating capability refers to
A) the ability of a company to adapt to unexpected needs and opportunities. B) the uncertainty or unpredictability of the future results of a company. C) a measure of overall company performance. D) a company's ability to maintain a given level of operations.
________ is research a single firm conducts to provide answers to specific questions
A) Syndicated research B) Custom research C) Consumer data D) Perceptual tracking E) Internal data
Marcus employs a real estate broker, Dean, to sell his house. Dean's express powers are to advertise and market the house for sale, show the house to prospective buyers, and accept offers from them
He is not allowed to seal a deal without Marcus' consent. Marcus goes away on a month-long trip where he cannot be contacted. During this time, a short circuit in the house causes a power outage. Dean uses his authority to hire an electrician to repair the circuits and restore electricity in the house. Marcus then comes back and pays Dean for the repairs. What is the nature of the agency that Dean used to fix the problem in the house? A) implied agency B) agency by ratification C) power of attorney D) express agency