Explain the types of relationships that teams can establish with outsiders.
What will be an ideal response?
Answer: Student answers will vary but should demonstrate understanding of the roles that link teams to their external environments. Several vital roles link teams to their external environments—that is, to other individuals and groups both inside and outside the organization. One type of role that spans team boundaries is the gatekeeper, a team member who stays abreast of current information in scientific and other fields and informs the group of important developments. General team strategies include informing, parading, and probing. The informing strategy entails making decisions with the team and then telling outsiders of the team's intentions. Parading means that the team's strategy is to emphasize internal team building and achieve external visibility simultaneously. Probing involves a focus on external relations. This strategy requires team members to interact frequently with outsiders; diagnose the needs of customers, clients, and higher-ups; and experiment with solutions before taking action. When teams are very dependent on outsiders, probing is the best strategy. Parading teams perform at an intermediate level, and informing teams are likely to fail. They are too isolated from the outside groups on which they depend.
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A favorable business climate in facility location decision making might include government legislation of tax abatements.
Answer the following statement true (T) or false (F)
Which of the following statements is true when comparing the Solver setup of the transportation model to the setup of the transshipment model?
a. The "By Changing Variable Cells" box of the transportation model has one set of decision variables, while the transshipment model has two sets of variables. b. The transportation model has one set of constraints, while the transshipment model has two sets of constraints. c. As in the transportation model, there is a third constraint in the transshipment model that ensures that, for each warehouse, the amount of units received from plants equals the units delivered to retail stores. d. All of the above
At what interest rate would you be indifferent to a lottery payout today of $2,229,389.17, or 25 equal annual end-of-the-year payouts of $200,000?
What will be an ideal response?
Affirmative action plans must be updated once in every six months and must contain an analysis of the employer's use of minors and senior citizens for each job category in the work force
Indicate whether the statement is true or false