In the first stage of decision making, the sources of discrepancies that exist in organizational or unit performance may be detected when comparing current performance against:
What will be an ideal response?
-past performance.
-future expected performance.
-current performance of other organizations or units,
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Why do companies generally divide a market into segments of customers?
What will be an ideal response?
Compare the selling and marketing concepts, listing the key components of each philosophy
What will be an ideal response?
Firms with tangible long-term assets and predictable cash flows, such as electric utilities, tend to have balance sheets with a
a. high proportion of long-term debt (80% or more). b. low proportion of long-term debt (20% or less). c. high proportion of shareholders' equity (80% or more). d. high proportion of cash (80% or more). e. high proportion of retained earnings (80% or more).
Answer the following statements true (T) or false (F)
1. In groupthink, putting pressure on dissenters is a sign of closed-mindedness. 2. Members of virtual teams are less likely to loaf than in face-to-face teams. 3. Bringing in outsiders is one way to stop the escalation of commitment. 4. The best groups strike a balance between unity and disunity. 5. Groups can abandon projects too soon as well as too late.