Marissa is part of a team of managers who convene regularly to address project problems. All of the managers actively participate, sharing skills and knowledge to identify a wide range of alternatives and select the best solutions. Based on the characteristics of group decision making, how would you expect implementation of the team's solutions to play out and why?

What will be an ideal response?


In the implementation phase, all managers affected by the decisions agree to cooperate. When a group of managers makes a decision (as opposed to one top manager making a decision and imposing it on subordinate mangers), the probability that the decision will be implemented successfully increases.

Business

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Answer the following statements true (T) or false (F)

1. A drawback of a revenue-sharing contract is that the supplier has the administrative burden of monitoring the manufacturer’s sales and revenues to be sure the firm isn’t underreporting them. 2. Using technology in place of labor to better use capacity is considered an issue related to ethics in capacity planning decisions. 3. Managing operations and supply chains in a sustainable and ethical manner will result in added costs. 4. ISO certification requirements is a reason why manufacturers must align capacity with projected demand on a global basis.

Business

Only business executives and managers must deliver bad news

Indicate whether the statement is true or false

Business

A sample or a model built usually to test a concept, a process, a system, or a product best defines

A) use case. B) test case. C) mind map. D) prototype.

Business

The corporate valuation model cannot be used unless a company pays dividends.

Answer the following statement true (T) or false (F)

Business