Julie is keen on joining Columbia University to pursue a master's degree in economics. However, after three months of applying and waiting for an acceptance letter, she finally decides to join NYU, which was one of her backup colleges. This is an example of ________.
A. maximizing
B. neutralizing
C. minimizing
D. satisficing
Answer: D
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The Transport Union in Austin, Texas, enters into a contract with the Metropolitan Transportation Authority. The contract requires the government agency to pay a yearly bonus to union members. A year after signing the contract, the Metropolitan Transportation Authority refuses to pay the annual bonus, which triggers a conflict between the union and the agency. A third party intervenes to resolve the conflict between the two parties. The third party evaluates the arguments of both sides and proposes a solution. Both parties have the right to decline the proposal, but they decide to accept it. In the context of the alternatives to work stoppage, the third party in this scenario is an example of a(n)
A. fact finder. B. arbitrator. C. moderator. D. rights enforcer. E. stakeholder.
A marketing manager cannot be successful without spending a considerable amount of time talking to customers
Indicate whether the statement is true or false
______ in the organization is responsible for the ethical conduct of business.
A. No one B. Managers C. Everyone D. Some
When no-par common stock with a stated value is issued for cash, the common stock account is credited for an amount equal to the cash proceeds
Indicate whether the statement is true or false