What kinds of data from the external environment should leaders monitor and why?
What will be an ideal response?
Trade papers, published research and news reports, comments collected informally from suppliers, customers, and vendors. This is important data because it analyzes not only the environment on an industry level but also relationships between vendors and customers
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"A clear decision is one that leaves you witout (sic) second thoughts," said the counselor
What will be an ideal response?
A promise to make a gift that has been completed can be rescinded by the donor if it was not
supported by consideration. Indicate whether the statement is true or false
Wayne oversees a small chain of restaurants. He has noticed that he seems to be working harder and spending more time managing than his peers. In order to save himself time and effort, Wayne should
A. ignore results that are exceptions to what is expected and write them off as flukes. B. remove specific expectations from his employees and see if his job gets easier. C. work to ensure that the restaurants do not deviate even a little from expected results. D. focus his attention on situations that sharply deviate from what is expected. E. check every detail to make sure everything is configured perfectly.
Reasons for having a minimum participation requirement before a group is eligible for insurance include which of the following?
I. To lower the expense rate per unit of insurance II. To minimize the possibility of insuring a group which consists largely of unhealthy individuals A) I only B) II only C) both I and II D) neither I nor II