Discuss the steps that managers should use when implementing a decision.
What will be an ideal response?
Managers should plan implementation carefully. Adequate planning requires several steps: 1) Determine how things will look when the decision is fully operational. 2) Chronologically order, perhaps with a flow diagram, the steps necessary to achieve a fully operational decision. 3) List the resources and activities required to implement each step. 4) Estimate the time needed for each step. 5) Assign responsibility for each step to specific individuals. Decision makers should assume that things will not go smoothly during implementation. It is useful to take a little extra time to identify potential problems and potential opportunities associated with implementation. Then you can take actions to prevent problems and be ready to seize unexpected opportunities.
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The use of unethical tactics may provoke what response from the "victim?"
What will be an ideal response?
Explain how sentiment analysis can be used by retailers and brands.
What will be an ideal response?
Commercial paper is often issued by large high-quality corporations because the market interest rate they pay on this borrowed money is lower than what they would pay at a commercial bank
Indicate whether the statement is true or false.
Why is the power to bind life insurance contracts not given to agents?
A) Agents are not capable of evaluating the risks they deal with B) This restriction minimizes fraud and misunderstanding C) Because the agents represent the insurance buyers and not the insurance companies D) All of the above