Which type of team decision making is described as a method of decision making in which information is gathered from a group of respondents within their area of expertise?
a. Nominal group technique
b. Intuitive technique
c. Delphi technique
d. Rational decision-making technique
c. Delphi technique
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A company purchased a tract of land for its natural resources at a cost of $1,572,500. It expects to mine 2,030,000 tons of ore from this land. The salvage value of the land is expected to be $253,000. The depletion expense per ton of ore is:
A. $0.650. B. $8.024. C. $0.899. D. $0.775. E. $6.215.
At Superba College, student surveys indicate that students really dislike the food served at the student union. The Dean decides to create a student panel to brainstorm ideas on how to improve the food without raising costs for the students or the school.How does brainstorming work? What can the dean do to make sure that the brainstorming efforts are effective?
What will be an ideal response?
Government officials of Country Z estimate that next year's public programs will cost $19 million but that tax revenues will be only $15 million. The officials could avoid a deficit next year by adopting which of the following fiscal strategies?
A. Increase taxes by $4 million. B. Borrow $4 million by issuing new government bonds. C. Reduce the cost of public programs by $4 million. D. All of these strategies will avoid a deficit.
Arbitrage opportunities are simple trading opportunities and therefore account for little of the success Walmart experiences.
Answer the following statement true (T) or false (F)