Using expected value (EV) with decision trees is totally appropriate for situations where one outcome could lead to an immense loss for the company
Indicate whether the statement is true or false
FALSE
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Theo believes that everyone must develop his or her own ethical rules. So whereas he believes that gay marriage should be legal, he understands that other people might feel differently. Theo would be considered to be a(n) _______ relativist
a. individual b. issue-oriented c. cultural d. societal
"Hey, boss, I heard on the office grapevine that the company is up for sale. What have you heard?" asked Ulysses. "That's absolutely false," said Andrew. "I know for a fact that one of our competitors planted that rumor. I need to neutralize that rumor." Why does Andrew believe that he needs to neutralize the rumor?
A. The grapevine, as an informal communications network, does not provide information or solve problems. B. The grapevine is a formal communications network that should be under management control. C. The grapevine, like all informal communications networks, must be suppressed. D. The grapevine can be destructive when erroneous misinformation proliferates and harms operations. E. The grapevine cannot teach employees how to do their work successfully.
As the number of units per order ________, total carrying costs ________
A) increases; stay the same B) increases; increase C) decreases; increase D) decreases; stay the same E) increases; decrease
The obligation of a business to contribute to society is referred to as _____.
A. planned obsolescence B. growthism C. societal consumerism D. social responsibility