You have just won the lottery and have three payout options
1. $1,000,000 now
2. $150,000 at the end of each year for the next ten years
3. $2,000,000 at the end of ten years.
What is a common basis for comparison that you can use to decide which option to choose? Explain your answer.
What will be an ideal response
A common basis for comparison is needed to be able to compare apples to apples. It is necessary to determine the prize money's worth at a certain point in time, which is today. By converting each payment option to its present value, you can compare apples to apples.
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Which of the following statements is true about regional management centers?
A) The scale of regional management must exceed the scale of operations in the region. B) These centers reduce the number of management levels within an organization. C) The center can coordinate within a region on pricing and sourcing. D) Executives in regional centers do not have any role in the planning and control of each country's operations.
Answer the following statements true (T) or false (F)
1. Fawaz is contemplating a couple of new options for the order takers that he manages. There is no great urgency in the situation; he just needs to have a procedure in place within a couple of months. Fawaz would be wise to make this decision by himself. 2. Participative management has a large effect on job performance and job satisfaction. 3. Consensus occurs when group members are able to express their opinions and reach agreement to support the final decision. 4. Middle and supervisory managers may be a source of resistance in participatory management.
Category managers are usually assisted
a. ?analysts
b. ?product managers
c. ?category specialists
d. ?category killers
Clichés are _____________ phrases
a. long b. unclear c. worn-out d. incoherent