Mr. Weinstein is in the midst of changing his front line teams’ process. He gathers a group of his managers to decide on the direction to take the front line. Mr. Weinstein did not invite any of his employees who actually work on the front line to the meeting. Which error did Mr. Weinstein make?
a. Framing
b. Uncertainty
c. Randomness
d. Lack of participation error
d. Lack of participation error
Business
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Fill in the blanks with correct word
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A product sells for $750 in the United States. The spot exchange rate is $1 to 1.56 Swiss francs. If purchasing power parity (PPP) holds, what is the price of the product in Switzerland?
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Business