In some settings, a group may examine an issue and develop ideas for it, but the final decisions are left up to a single person.This is sometimes called a "____ approach" to decision making.

A. presidential
B. dictator
C. CEO
D. military


Answer: B

Business

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A study has been conducted to determine if Product A should be dropped. Sales of the product total $500,000; variable expenses total $340,000. Fixed expenses charged to the product total $210,000. The company estimates that $60,000 of these fixed expenses are not avoidable even if the product is dropped. If Product A is dropped, the annual financial advantage (disadvantage) for the company of eliminating this product should be:

A. ($50,000) B. $10,000 C. $50,000 D. ($10,000)

Business

Explain the effects of the various stages of the product life cycle on product/service profitability.

What will be an ideal response?

Business

The role of a management team is to

A. follow instructions provided by first-line supervisors. B. coordinate and provide direction to subunits. C. complete work not normally done by the standard structure. D. develop new products and services. E. manufacture, assemble, or sell things.

Business

ETL, within a data warehouse model, stands for exit, track, and load.

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

Business