Answer the following statements true (T) or false (F)
1. It is not possible to evaluate decision-making approaches; the success of the approach can only be determined by the consequences of the decision.
2. All causes of group decision-making problems are internal to the group.
3. Groupthink is exemplified by events such as the U.S. invasion of Iraq in 2002.
4. The Delphi and Ringi techniques use only written information.
5. Research suggests better decisions occur with structured decision-making strategies such as the Nominal group technique.
1. False
2. False
3. True
4. True
5. True
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Which of the following is/are not true?
a. Stock rights give their holder the right to acquire shares of stock at a specified price. b. Firms grant stock rights to current shareholders. c. Shareholders may exercise the stock rights or sell them to others. d. The stock rights usually trade in public markets. e. Employees receive stock rights as a form of compensation.
Our motivation choices are impacted by our desire to be liked, have friends, and feel self-confident.
a. True b. False
The Federal Trade Commission can act like a judicial body in conducting hearings and issuing orders to cease and desist
Indicate whether the statement is true or false
Which optimal solution uses the same number of small and large trucks?
A businessman is considering opening a small specialized trucking firm. To make the firm profitable, it must have a daily trucking capacity of at least 84,000 cubic feet. Two types of trucks are appropriate for the specialized operation. Their characteristics and costs are summarized in the table below. Note that truck two requires three drivers for long haul trips. There are 41 potential drivers available, and there are facilities for at most 40 trucks. The businessman's objective is to minimize the total cost outlay for trucks.
