Which of the following scenarios best exemplifies groupthink?
A. Four officers of Bisk Corp. devise a highly profitable plan. David, a manager, points out to the group that the plan will likely get the company a high amount of negative publicity. David states that he will not sanction the team's plan.
B. Ten officers of Jekyll Inc. are planning a business enterprise they know to be highly profitable. Six know the plan to be illegal. Nevertheless, they do not voice their concerns, but go along with the team's plan.
C. Ned, Oliver, and Phoebe draft plans for a new software company. They have all thoroughly researched their plans and no one has any criticisms or concerns.
D. Barry, Ralph, and Ann are subordinates of a firm who report problems to their top managers without any fear.
Answer: B
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Each of the following would affect the break-even point except a change in the:
a. Variable cost per unit. b. Total fixed costs. c. Sales price per unit. d. Number of units sold.
Goals and plans provide a standard of assessment.
Answer the following statement true (T) or false (F)
The production of 150 units during a 480-minute work shift results in a takt time of:
A) 150 seconds. B) 192 seconds. C) 120 seconds. D) 18.8 seconds.
Mix n' Match Clothing Corporation gives notice to Neely that Mix n' Match is terminating their franchise arrangement. Winding up the business requires? A) a new franchise agreement
B) nothing more than closing immediately. C) Neely's death, disability, or insolvency. D) the return of Mix n' Match's property.