A team of top-level executives is rewriting the company's bylaws. Because this decision will have far-reaching and long-term effects, members want to have the most creative, high-quality discussion possible. What group decision-making method should they use?

A) Majority
B) Consensus
C) Authority rule with discussion
D) Averaging


B

Business

You might also like to view...

Which of the following is the best advice for face-to-face communication?

A. Begin with good news, and lead up to bad news. B. Use a face-to-face meeting as an opportunity to multitask. C. Hold "town hall" meetings daily. D. Speak "off the cuff" rather than preparing a dull list of topics that need to be discussed. E. Have face-to-face meetings spontaneously when you encounter a co-worker in the daily course of doing business (for example, in the copy room or lunch room).

Business

New institutional theory suggests that institutions be understood as collections of rules and codes of conduct that limit behavior.

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

Business

ABC, Inc., is a small clothing manufacturer that produces shirts and pants using two resources: sewing machine hours and cutting machine hours. The production manager can schedule up to 240 hours of sewing machine time and up to 150 hour cutting machine time. Production of one shirt requires 3 hours of sewing time and 1 hour of cutting time. Each pair of pants requires 2 hours of sewing time and 1.5 hours of cutting time. Each shirt yields a profit of $5, and each pair of pants generates a $6 profit. The objective is to maximize profits. Let X1 = Number of shirts to be produced, X2 = Number of pairs of pants to be produced. Which one of the following corner point (x1, x2) yields the maximum profit in this LP formulation?

a. (24,84) b. (80,100) c. (84,24) d. (80,0)

Business

Which of the following is not a way of demonstrating a strong work ethic?

A. Doing the right thing. B. Exceeding expectations. C. Assisting others as part of your job. D. Leaving important responsibilities to others.

Business