The sales department at a local company determines that Product A will moderately boost sales and have a shorter production schedule, so it is decided that this product will be manufactured and sold without considering other options. In choosing this product, the sales department is
A. controlling.
B. engaged in bounded rationality.
C. suboptimizing.
D. satisficing.
E. using procedures and rules of thumb.
Answer: D
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A corporation cannot reasonably accumulate earnings to
A. protect against pending litigation. B. self-insure. C. redeem stock of an elderly shareholder where such accumulation occurs prior to the shareholder's death. D. fund an employee retirement plan.
Which question below represents a CRM analyzing technology question?
A. What is the total revenue by customer? B. What customers are at risk of leaving? C. Why did sales not meet forecasts? D. All of these
Prepare the journal entry to record the acquisition of fences and signs for $5,000 cash. Omit explanation.
What will be an ideal response?
Which of the following is true of effective delegation?
A. A manager can withhold resources for completion of the delegated task. B. The ideas of the subordinate should not be taken into consideration during delegation. C. Throughout the delegation process, the manager and the subordinate must work together. D. Once a task has been delegated, the manager need not be available. E. Tasks such as disciplining subordinates and conducting performance reviews are best delegated.