Clayton is the leader of a team that recently launched a mobile application. The application seems to be malfunctioning because of a technical problem with the codes the application runs on. Under such circumstances, Clayton asks his team members to come up with a solution. Together, they try to figure out how to troubleshoot this problem. Clayton accepts the solution that has the support of the entire team. Thereafter, he asks them to implement the changes in their own way. In the context of the normative decision theory, which of the following decision styles has Clayton adopted in this scenario?
a. The AI decision style
b. The GII decision style
c. The CI decision style
d. The AII decision sty
Answer: b. The GII decision style
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Suppose an individual buyer purchases three pairs of shoes each year at $50 each pair and that there are 50 million such consumers in the economy. Compute the total market potential for shoes
A) $5,000 million B) $6,500 million C) $7,500 million D) $10,000 million E) $75 billion
Which of the following is an unhealthy source of conflict?
a. Legitimate differences of opinion about the task b. Differences in values and perspectives c. Poorly run team meetings d. Different expectations about the impact of decisions
Atlace Manufacturing uses a standard cost system
Standards for direct materials are as follows: Direct materials (pounds per unit of output) 3 Cost per pound of direct materials $4 The company plans to produce 3,000 units and has purchased 12,000 pounds of direct materials at a net cost of $43,200. What is the journal entry to record this transaction? A) Raw Materials Inventory (12,000 pounds x $4/pound) 48,000 Direct Materials Cost Variance 4,800 Accounts Payable (12,000 pounds x $3.60/pound) 43,200 B) Raw Materials Inventory (12,000 pounds x $4/pound) 48,000 Direct Materials Cost Variance 4,800 Accounts Payable (12,000 pounds x $3.60/pound) 43,200 C) Raw Materials Inventory (12,000 pounds x $3.60/pound) 43,200 Direct Materials Cost Variance 4,800 Accounts Payable (12,000 pounds x $4/pound) 48,000 D) Raw Materials Inventory (12,000 pounds x $3.60/pound) 43,200 Direct Materials Cost Variance 4,800 Accounts Payable (12,000 pounds x $4/pound) 48,000
What is knowledge management? What types of knowledge might a company such as a taxi service have, and could a taxi service benefit from knowledge management?
What will be an ideal response?