Correctly defining the problem for a group to solve is more difficult when:
a. there is a lot of uncertainty.
b. group norms allow conflict to be expressed.
c. the problem is acute rather than chronic.
d. group members are too rational.
a. there is a lot of uncertainty.
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When a copy of the receiving report arrives in the purchasing department, it is used to
a. adjust perpetual inventory records b. record the physical transfer of inventory from receiving to the warehouse c. analyze the receiving department's process d. recognize the purchase order as closed
A company purchased mining property for $4,875,000 containing an estimated 15,000,000 tons of ore. In Year 1, it mined 689,000 tons of ore and in Year 2, it mined 935,000 tons. Calculate the depletion expense for Year 1 and Year 2 and determine the book value of the property at the end of Year 2.$4,875,000/15,000,000 tons = $0.325 per tonYear 1: 689,000 tons * $0.325 per ton = $223,925Year 2: 935,000 tons * $0.325 per ton = $303,875
What will be an ideal response?
Because the timing of a strategic move can be just as important as the choice of move to make, a company's best option with respect to timing of an action is
A. to be the last mover-playing catch-up is usually fairly easy and almost always is much cheaper than any other option. B. to be a fast follower. C. to be the first mover. D. to be a late mover (because it is cheaper and easier to imitate the successful moves of the leaders and moving late allows a company to avoid the mistakes and costs associated with trying to be a pioneer-first-mover disadvantages usually overwhelm first-mover advantages). E. to carefully weigh the first-mover advantages against the first-mover disadvantages and act accordingly.
Secondary data are often available at little or no cost through
A. the use of online customer surveys. B. tracking consumer clicks on a website. C. a review of company files. D. conducting focus group interviews. E. conducting in-depth interviews.