Omega Inc, a large appliances company, went bankrupt because of a series of poor managerial decisions and a downturn in the economy. In retrospect, it would seem that there was too much emphasis on the group reaching a consensus decision whenever the managers were involved in decision making. As a result, many decisions by the managers at Omega were made to avoid conflict. What disadvantage of
group decision making does this scenario represent?
A) Domination
B) Groupthink
C) Irrationality
D) Satisficing
E) Coalitions
B
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Approximately 40 percent of monies spent on alternative media in the United States was in the category called online/mobile. This category consists of the following, except:
A) lead generation B) product placement C) online display and video ads D) mobile phone ads
If an experienced reviewer who was not a part of the audit team, but who has appropriate competence, independence, integrity, and objectivity, performs an independent quality review, this is referred to as a reoccurring partner review
a. True b. False Indicate whether the statement is true or false
Financial statement analysis applies analytical tools to financial statements and related data for making business decisions.
Answer the following statement true (T) or false (F)
Which of the following statements is correct?
A. The internal rate of return (IRR) does not allow you to determine whether mutually exclusive projects are acceptable. B. The net present value (NPV) is the only capital budgeting technique that allows you to determine which independent projects are acceptable. C. The net present value (NPV)technique provides an indication of the dollar benefit (on a present value basis) to the firm's shareholders of purchasing a capital budgeting project. D. A project's internal rate of return (IRR) depends on the firm's required rate of return, which means that a project's IRR is different for each firm that has a different required rate of return. E. The net present value (NPV) technique contains information about a project's safety margin, which is not inherent in the internal rate of return (IRR).