What are the benefits of using an Affinity Diagram?
What will be an ideal response?
Provides a method for teams to generate a large number of ideas and then organize and summarize the ideas into groupings to find a solution.
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Employee loyalty is not highly valued by employers
Indicate whether the statement is true or false
A motivation and incentive system that is aimed at spurring stronger employee commitment to good strategy execution
A. should focus on incorporating more positive than negative motivational elements. B. needs to put top priority on making employees happy and secure in their jobs. C. must avoid the potential for negative consequences if performance is subpar. D. must involve deliberately assigning employees heavy workloads and tight deadlines. E. should be tied first and foremost to whether employees satisfactorily perform their assigned duties in an ethical and honorable manner.
A firm plans to spend $50,000 on the development of a new product. Using the NPV formula with an IRR of 9% yields $65,651. An IRR of 10% yields $55,980, and an IRR of 11% yields $50,000. What is the estimated IRR of this new product development?
a. 9% b. 10% c. 11% d. Cannot be determined from the information given
Under which Incoterms are the seller's responsibilities the lowest?
a. CFR b. FOB c. EXW d. DDP