You work for a business consulting firm, and you have been asked to advise Bamboo Home, a home furniture retailer on implementing a global information systems. What general benefits can Bamboo Home expect from a globalized system?
What will be an ideal response?
Benefits in globalizing include superior management and coordination. This may not show up on balance sheets, but will affect profitability in the long run. Related benefits are the ability to switch suppliers quickly if there is a crisis and the ability to use excess capacity in one region to fulfill demand in another. Additionally, they can expect major improvements in production, operation, and supply and distribution. Value-adding activities can be concentrated in regions where they are most economical and efficient. Also, with global systems, fixed costs around the world can be amortized over a much larger customer base. In addition, corporate funds can be used over a much larger capital base.
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Answer the following statements true (T) or false (F)
1. You can assess intentions by focusing on the assumed social desirability of the actor’s actions. 2. Cognitive dissonance is a post-decision theory. 3. To persuade someone, we should focus on the irrelevance between beliefs and behaviors. 4. Hedonic relevance shapes your assessment of the actor’s intentions. 5. We might judge an actor’s distinctiveness, that is, whether the person acts differently depending on the situation.
Accounts payable confirmations are used less frequently by auditors than accounts receivable confirmations.
Answer the following statement true (T) or false (F)
Deliberate practice requires:
a. high levels of focus, attention, and concentration b. avoiding possible weaknesses c. working without goals d. seeking perfection
Five studies with over 12,000 managers found that managers who held Theory X type attitudes were more likely to be
a. highly educated b. high on empathy c. nice themselves d. lower-achieving managers