Prior to an important decision, your team assigns you the role of critic with the job of uncovering all possible problems with a particular proposal. Your function may be termed as a(n) ________.

A. change advocate
B. devil's advocate
C. disturbance creator
D. angel


Answer: B

Business

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When a tariff on imported inputs exceeds the tariff on the finished good,

a. the nominal tariff rate on the finished product would tend to overstate its protective effect. b. the nominal tariff rate on the finished product would tend to understate it's protective effect. c. it is impossible to determine the protective effect of a tariff on the finished product. d. the tariff on the finished good would have significant protective effects.

Business

Ana is leading an effective team of youth development educators during a particularly stressful time of year when the team must submit year-end government reports by the end of the week. Ana goes to a networking event and overhears that her regional director is retiring next year and a shift in personnel is expected. Ana decides not to share that gossip with her team right away. She is demonstrating ______.

A. advocating, an external environmental action B. buffering, an external environmental action C. managing conflict, an internal relational action D. maintaining standards of excellence, an external leadership action

Business

Cheong Automobiles Company fabricates automobiles

Each vehicle includes one wiring harness, which is currently made in-house. Details of the harness fabrication are as follows: Volume 1,300 units per month Variable cost per unit $12.50 per unit Fixed costs $15,000 per month An Indonesian factory has offered to supply Cheong Company with ready-made units for a cost of $17 for each harness. Assume that Cheong's fixed costs are unavoidable and that Cheong will not be able to use the excess capacity in any profitable manner. If Cheong decides to outsource, monthly operating income will ________. A) increase by $5,850 B) decrease by $15,000 C) increase by $15,000 D) decrease by $5,850

Business

Firm A has a higher degree of business risk than Firm B. Firm A can offset this by using less financial leverage. Therefore, the variability of both firms' expected EBITs could actually be identical.

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

Business