When are group decisions superior to individual decisions?
What will be an ideal response?
When groups successfully pool resources; when there is good communication; and when tasks are too complex for individuals.
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Which of the following is a characteristic of a simple structure?
A. Comprehensive set of rules. B. Centralized authority. C. High work specialization. D. Extensive division of labor. E. Tall hierarchy.
Which of the following statements is true?
A) Offensive strategic market plans require investment for growth, which limits long-run profit performance, but does not limit sales revenue. B) Defensive strategic market plans promote short-run profit performance but are not that effective in growing sales revenue. C) In the long run, all market strategy will shift from an offensive strategic market plan to a growth-oriented plan. D) Offensive strategic market plans are geared to deliver above-average performance in the areas of sales growth, share position, and improved short-run profits. E) Defensive strategic market plans are not geared towards the protection of market share.
Refer to Data Table A. The lower control limit for the range chart is ______.
A. 1.777
B. 0.223
C. 0
D. 2.282
What are the seven characteristics of organizational culture that comprise the pattern of shared assumptions and behaviors that define a company?