Which of the following was identified as a weakness of the 12 questions process?
A. May not reach a conclusion
B. A short-term outlook
C. Fails to consider the perspective of other decision makers
D. Doesn’t include interested parties in the process
A. May not reach a conclusion
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It is difficult to obtain a representative sample in Brazil since the technological infrastructure for gathering market data is minimal
Indicate whether the statement is true or false
The tendency for decision-makers to be influenced by the way a situation or problem is presented to them is known as the ________ bias.
A. overconfidence. B. escalation of commitment bias. C. hindsight. D. availability. E. framing.
___________ refers to any real or perceived threat to our security, self-image or sense of self-worth that stimulates our instinctive self-protective tendencies to either withdraw or become aggressive.
a. Emotional challenge b. Emotional dissonance c. Emotional intelligence d. Emotional labor
Marco Manufacturing contracted to sell Kurtz Industries 3,000 iron clasps. The contract specified: F.O.B. Kurtz Industries. Upon arrival and inspection, the goods were rejected by Kurtz Industries because they did not conform to the contract
specifications. In transit back to Marco Manufacturing, the common carrier's truck overturned and completely destroyed the clasps. Which statement is correct? a. Marco may sue Kurtz for the contract price, as risk of loss transferred to Kurtz at the F.O.B. point. b. Kurtz will not be liable for the purchase price. The risk of loss had not yet transferred since the goods were nonconforming. c. The loss will be split between the parties upon a 50/50 basis. d. The loss will be assigned to the party who could best bear the loss.