A relatively permanent committee charged with performing some recurring task is called a(n)
A. cluster structure.
B. ad hoc committee.
C. informal group.
D. task force.
E. standing committee.
Answer: E
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Answer the following statements true (T) or false (F)
1. At least three of the five functions should be met in order to reach an effective decision, according to functional group decision making. 2. Counteractive communication is likely to be the most important for small group decision making. 3. Groupthink is a positive phenomenon that occurs when group members gain the ability to predict one another’s communication. 4. This idea that group members’ action both creates and constrains interaction is known as the duality of structure. 5. The antecedent condition known as structural flaws refers to problems with the way the group is organized.
Which of the following is considered a strategic advantage of the first-mover?
A. Technological literacy B. Superior brand name C. High market value D. Guaranteed long-term success
The three key pieces of information that are stated on a bond certificate are the:
A. stated interest rate, the face value of the bond, and the maturity date. B. interest payment, the face value of the bond, and the credit rating of the company. C. interest payment, the issue price of the bond, and the credit rating of the company. D. market interest rate, the price of the bond, and the maturity date.
Under generally accepted accounting principles, the lower-of-cost-or-market procedure for assigning a value to inventory can be assigned to
a. total inventory. b. groups of similar inventory items. c. individual inventory items. d. all of these.