Robert is a strategic planner for a consulting firm. He receives countless reports for daily analysis, but he avoids being inundated with information by selecting only the few reports that actually serve his purpose. Which principle of data characterization is Robert following?
A. Collecting as much data as possible is always preferable.
B. Freely available data is always accurate and timely.
C. Information should be just barely sufficient for its purpose.
D. Data that arrives after a prolonged period of time is of the highest quality.
E. Information needs to be relevant to the subject, not necessarily to the context.
Answer: C
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The length of the operating cycle is another factor that may cause cash flow from operations to differ from __________________________________________________
Fill in the blank(s) with correct word
Companies engaged in a single line of business most commonly utilize an organizational structure that can be
A. a functional (departmental) organizational structure. B. hybrid functional organizations with a combination of decentralized and centralized decision-making. C. either centralized, principal, or critical-path in nature. D. highly decentralized matrices. E. either independent, consolidated, or hybrid profit centers.
The competitive advantage opportunities that a global competitor can gain by dispersing performance of its activities across many nations include all of the following, except
A. being in a better position to choose where and how to challenge rivals. B. shortening delivery times to customers by having geographically scattered distribution facilities. C. being able to shift production from one country to another to take advantage of exchange rate fluctuations, differing wage rates, differing energy costs, or differing trade restrictions. D. centralizing value chain activities to foster just-in-time inventory activities. E. locating buyer-related activities (such as sales, advertising, after-sale service and technical assistance) close to buyers.
Ashley, a fashion photographer in a magazine, is not the most hardworking, talented, or efficient member in her team. However, during performance appraisals, the team leader gives her the best ratings because he is extremely fond of her. In the context of performance appraisals, which of the following does this scenario best illustrate?
A. Halo effect B. Positive leniency C. Employee separation D. Negative leniency