What is task analyzability? How does it relate to decision making, and how does it differ regarding nonroutine and routine technology?
What will be an ideal response?
Task analyzability is the degree to which programmed solutions are available to people or functions to solve the problems they encounter. Nonroutine or complicated technologies are characterized by high task variety and low task analyzability; this means many varied problems occur and solving these problems requires significant nonprogrammed decision making. In contrast, routine technologies are characterized by low task variety and high task analyzability; this means the problems encountered do not vary much and are easily resolved through programmed decision making.
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When a speaker has several minutes to prepare a topic and then gives a brief presentation, he/she is delivering which one of the following types of speech?
a. memorized b. scripted c. written-and-read d. impromptu
Blue Manufacturing Company is trying to decide whether to trade in equipment used in its manufacturing process for a newer model
The new equipment will save money because it will be more efficient to use. Indicate if the following items are relevant or irrelevant to this decision. Item Relevant or Irrelevant The price of the new equipment The price paid for the old equipment The trade in value of the old equipment The repair costs that will be incurred if the old equipment is kept The expected cost savings of the new equipment The costs that have been incurred on the old equipment What will be an ideal response
Which of the following statements is (are) true about the loss ratio method of class rating?
I. The pure premium is calculated, and it is loaded to cover expenses, profit, and contingencies. II. The actual loss ratio is compared to the expected loss ratio, and the rate is adjusted accordingly. A) I only B) II only C) both I and II D) neither I nor II
As production volume increases, fixed cost per unit of output remains constant.
Answer the following statement true (T) or false (F)