______ aim for acceptable results rather than for the best or optimal solutions.

A. Tactical decisions
B. Strategic decisions
C. Operational decisions
D. Satisficing decisions


D. Satisficing decisions

Business

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Which of the following most likely helps to ensure that the product or service ultimately introduced has a unique value proposition?

A) the appropriate organizational structure B) a strong market orientation C) fast time-to-market D) strong support by top management

Business

Which of the following accounts would not be closed?

A) Design Revenue B) Interest Income C) Accumulated Depreciation - Equipment D) Interest Expense

Business

Answer the following statement(s) true (T) or false (F)

Labor unions can be considered a stakeholder in the context of entrepreneurship 12. It’s common for all stakeholders to be in immediate agreement in the context of social entrepreneurship 13. Stakeholder attributes are relatively fixed. 14. A CEO is an example of a discretionary stakeholder. 15. CSR helps improve social issues but often at the expense of business issues.

Business

Deon received a holiday gift from a company supplier. He estimated the value of the gift at $25. He was not sure he could ethically accept the gift, so he reviewed company policy and discussed the matter with his boss. Then, using the relativism approach to decision making, Deon

A. made a decision based upon his individual self-interest. B. was influenced by guidance from other resources and respected people. C. weighed the ethical issues relative to practical issues. D. weighed the ethical issues relative to financial issues. E. weighed the ethical issues relative to internal "political" issues.

Business