What are some of the risks of relying too heavily on intuition?
What will be an ideal response?
Examples will include decision makers’ intuition may be off. They may fail to
consider all possible alternatives or outcomes of the decision to be made. Relying too
heavily on intuition could hinder the development of those around you if you do not let
them help in the decision. Using intuition, decisions may be made quickly, but
effectiveness may be hindered, as quick decisions may be affected by perceptual errors
or by stereotypes about people.
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The topic of ethical and moral leadership (EML) ______.
a. has become less important in recent years b. has become more important in recent years c. is not very important d. has always been important
When General Motors uses lobbyists to inform politicians about issues of concern, and to obtain support for favorable legislation, it is addressing which element in the marketing environment?
a. economic b. regulation c. politics d. society e. competition
Metropolitan Enterprises reports the following information at December 31
Manufacturing Overhead $4,300 21,000 18,500 $45,500 Requirements 1. What is the actual manufacturing overhead of Metropolitan Enterprises? 2. What is the allocated manufacturing overhead? 3. Is manufacturing overhead underallocated or overallocated? By how much? What will be an ideal response
Which of the following statements is true of U.S. firms, financial institutions, and banking organizations??
A. ?U.S. firms had much higher growth rates than their European counterparts. B. ?U.S. firms follow less conservative working capital policies than European firms. C. ?Corporations in the U.S. use significantly greater proportions of long-term financing than European firms. D. ?U.S. financial institutions traditionally have been subject to less restrictions and regulations than banking organizations in other countries. E. ?U.S. banking organizations often have very close relationships with the firms that borrow from them, which generally results in a greater willingness to provide more short-term, risky debt than we observe in European banks.