When does a “doing first strategy” work best?
a. When creativity, commitment, and communication are most essential
b. When the situation is novel and confusing
c. When data are clear and reliable
d. When discipline can be established in routine processes
b. When the situation is novel and confusing
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Expired costs are reflected on the balance sheet
Indicate whether the statement is true or false
Change leaders will be most effective if they have which of the following characteristics?
a. Distrust of organizational fads b. See the world in linear terms c. Low tolerance for ambiguity d. Pessimism
Cully Furniture buys two products for resale: big shelves (B) and medium shelves (M). Each big shelf costs $500 and requires 100 cubic feet of storage space, and each medium shelf costs $300 and requires 90 cubic feet of storage space
The company has $75,000 to invest in shelves this week, and the warehouse has 18,000 cubic feet available for storage. Profit for each big shelf is $300 and for each medium shelf is $150. In order to maximize profit, how many big shelves (B) and how many medium shelves (M) should be purchased? A) B = 90, M = 75 B) B = 150, M = 0 C) B = 0, M = 200 D) B = 100, M = 100
________, an ethical system, defines ethical behavior according to how others behave.
A. Universalism B. Utilitarianism C. Egoism D. Relativism E. Totalitarianism