Which of the following is not an advantage of the budgeting process?

A) It can help management identify potential bottlenecks.
B) It can help facilitate goal congruence throughout the organization.
C) It encourages management to focus on the past and not be distracted by current activities of the organization.
D) It encourages communication among various departments in the organization.


C

Business

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The senior management of a firm is undecided about the number of employees needed for its new project. To advise the executives, a human resource specialist uses a computer system to estimate how long teams of three different sizes will take to complete the project, assuming the project is of either low, average, or high difficulty. The type of system appropriate for this case is a(n)

A. decision support system. B. document management system. C. HR dashboard. D. transaction-processing system. E. expert system.

Business

Future changes in workplace issues will require workers to be prepared to address all EXCEPT which of the following?

a. Greater use of technology b. Ability to respond to fickle customer attitudes c. Commitment to lifelong learning d. Safe and fair workplace settings e. Communication and interpersonal skills

Business

Ratio analysis is useful only if the ratio states a meaningful relationship between two numbers

Indicate whether the statement is true or false

Business

Discuss the various steps of the rational decision-making process. Apply each step to either a personal or professional decision.

What will be an ideal response?

Business