Sensitivity analysis is important in management support systems for all of the following reasons EXCEPT
A) it allows flexibility and adaptation to changing conditions.
B) it permits the manager to input data to increase his/her confidence in the model.
C) it improves the mathematical optimality of the generated solutions.
D) it provides a better understanding of the model and the decision-making situation.
C
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Giant, a retail store, is offering two 6-packs of beer for $14.50. The price for a single 6-pack is $8.69. What pricing strategy is Giant using?
A. Conjoint pricing B. Multiple-unit pricing C. Price bundling D. Price lining E. Psychological pricing
Which of the following is true of raw material exporting economies?
A) These economies are major exporters of agricultural products. B) These economies are poor markets for large equipment and trucks. C) These economies are major exporters of manufactured goods, services, and investment funds. D) These economies are rich in one or more natural resources but poor in other ways. E) These economies consume most of their output and barter the rest.
The Human Resource Management school of thought believes that workplace governance:
A. Should include tripartite system of employer, government, and employees finding workplace solutions. B. Should be the sole purview of management which retains unilateral control over the workplace. C. Should be the result of bilateral negotiations with a representative of the employees. D. Will be largely dictated by the laws of supply and demand in the labor market.
In which type of society do subordinates and supervisors consider themselves existentially equal?
a. individualistic societies *b. small power distance societies c. large power distance societies d. feminism societies