Legitimate reasons why some groups are promoted less are
a) travel requirements
b) longer hours
c) family commitments
d) a&b
e) all
D
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Answer the following statements true (T) or false (F)
1. Experts may make irrational decisions because they are unable to see things from an outsider's perspective. 2. The rational model of decision making assumes that managers will choose the available alternative that best supports their existing beliefs. 3. The first step in the rational decision making process is to think up alternative solutions. 4. The final step in the rational decision-making process is to implement and evaluate the chosen solution.
Based on the payback period method, the alternative with the shortest payback period is the most desirable
Indicate whether the statement is true or false
Which of the following is not true?
A) The sales forecast is done before the sales budget. B) The master budget is the comprehensive plan for the organization as a whole. C) The production budget is prepared in units and dollars. D) One approach to forecasting sales is the bottom up approach. E) In creating the sales forecast, outside factors such as the state of the economy, should be considered.
A disadvantage of a syndicate is that it cannot raise large amounts of capital quickly
Indicate whether the statement is true or false