Juan is faced with multiple choices of suppliers who have the same product at virtually the same price. He also knows there are many more suppliers out there that would be comparable; however, he has a short amount of time to make up his mind, so he chooses Elrood Gasket's product. Why type of decision does this represent?
A. groupthink
B. confirmation
C. bounded
D. satisficing
E. programmed
Answer: D
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If Canadian speculators believed the Swiss franc was going to appreciate against the U.S. dollar, they would
a. purchase Canadian dollars. b. purchase U.S. dollars. c. purchase Swiss francs. d. sell Swiss francs.
The process of choosing among different strategies and altering them to best fit the organization is called
A. strategy formulation. B. contingency planning. C. strategic control. D. strategy implementation. E. trend analysis.
Using the data in the table, first plot the data and comment on the appearance of the demand pattern. Then develop a forecast for periods 51-70 that fits the data
Time Output Time Output Time Output Time Output 1 12.5 14 16.4 27 -19.2 40 11.3 2 14.8 15 11.7 28 10.6 41 11.1 3 15.3 16 11.1 29 16.8 42 52.5 4 15 17 11.9 30 22.5 43 11.3 5 11.5 18 11.3 31 15.5 44 -19.3 6 11.6 19 13.7 32 11.7 45 12 7 12.8 20 16.3 33 11.9 46 15.5 8 51.9 21 13.1 34 13 47 20.5 9 11 22 10.8 35 11.9 48 16.5 10 -19.7 23 10.3 36 13.5 49 12.5 11 11.9 24 11 37 16.5 50 10.5 12 17.8 25 51.4 38 14 13 20.3 26 11.6 39 11 What will be an ideal response?
Creating an ethical framework and developing organizational capabilities to make it operational is the responsibility of
A. shareholders. B. leadership. C. employees. D. the law.