In terms of work motivation and practices, in the United States, ________.
A. employees work as teams
B. people pay more attention to power and status
C. individual initiative and achievement are rewarded
D. managers are encouraged to seek consensus before acting
Answer: C
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The probability distribution of the payoffs on an investment consists of a _____.
A. listing of all possible outcomes with a chance of occurrence assigned to each outcome B. measure of the relationship of one investment with another investment C. standardized measure of the risk per percentage return D. listing of the degree of relationship betweenthe probabilities oftwo payoffs E. measure of the extent to which the payoffs move with the capital market
Sizing up human resource management involves:
A) identifying the firm's strengths and weaknesses related to human resource management. B) an external assessment of the industry. C) an internal assessment of the firm's strengths and weaknesses. D) None of the above.
Scenario 4.2 Use the following to answer the questions. Colin Jackson recently purchased Blue Waters Adventures, a kayak and canoeing rental business near the Chatsworth River in Arizona. Blue Waters Adventures had been in operation for five years and was located in an ideal area. Even though the winters in the area can be cold, kayaking and canoeing activities are generally popular year-round. After two months of operation, it became clear why the previous owners had sold the business. While the business appeared to be ideally located, sales were extremely disappointing. Refer to Scenario 4.2. Colin went to the university library and collected everything he could find on the kayaking and canoeing sports industries. He found a significant amount of information, but it didn't seem to be
in the format that he could actually use in his analysis. Colin realized that he could just use this preliminary data as a resource to help him design his plan for utilizing focus groups and possibly for designing a survey. The preliminary data is referred to as _____, while the data from focus groups and surveys is ______. A. primary data; secondary and observational B. secondary data; primary C. secondary data; observational D. exploratory data; primary E. primary data; descriptive
Which of the following statements are true?
a. Three important themes run through the book: data analysis, decision making, and uncertainty. b. Data analysis includes data description, data inference, and the searching for relationships in data c. Decision making includes optimization techniques for problems with no uncertainty, decision analysis for problems with uncertainty, and structured sensitivity analysis. d. Dealing with uncertainty includes measuring uncertainty and modeling uncertainty explicitly into the analysis. e. All of these statements are true.