Some of the serious business consequences that occur due to using low-quality information to make decisions are all of the following except:
A. The success of the organization depends on appreciating and leveraging the low-quality information.
B. Lost revenue opportunities from marketing to nonexistent customers.
C. Inability to accurately track customers.
D. Inability to identify selling opportunities.
Answer: A
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Resources are generally deployed in one of two principal ways: as rewards and punishments, considered as reward power and legitimate power.
Answer the following statement true (T) or false (F)
Creditors' claims on assets that reflect company obligations to provide assets, products, or services to others are called ________.
Fill in the blank(s) with the appropriate word(s).
The bank where the payee or holder of a check has an account is known as the ________
A) payer bank B) depository bank C) intermediary bank D) private bank
How are directors (members of corporate boards) selected?
A. Shareholders with the greatest proportional ownership in the company become directors. B. Shareholders elect the directors from a list of candidates. C. The company's CEO appoints the directors. D. The nominating committee elects the directors.