Consensus decision making seeks a solution that most of the group can agree to while trying to resolve any concerns or objections of ____.

A. the minority
B. absentee members
C. the oldest members
D. the most powerful members


Answer: A

Business

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For years, Mercedes-Benz utilized a ________ pricing strategy; however, this created an opportunity for Toyota to introduce its luxury Lexus line and undercut Mercedes

A) gray market B) skimming C) penetration D) market holding E) cost-based

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A ______ will believe that one can choose which values to apply or use based on the situation or context.

a. individualist b. universalist c. particularist d. dualist

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In which of the following ways should a company’s code of ethics differ from its mission statement or vision statement?

a. It should be less subject to fluctuation with environmental changes. b. It should have more input from management. c. It should be less aspirational and more in line with present circumstances. d. It should carry a greater reflection of industry expectations.

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Conflicts that arise from people just not getting along, and not working very hard to overcome their differences, are said to be caused by ________

A) competing goals B) lack of information C) differences of opinion D) ego issues E) relational issues

Business