HM
Hunter Mullings
Answers (6)
HM
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Examine the stages of the ODDI process model of group decision-making,and identify the one stage that you feel could be skipped with few ill effects.
On Jul 27, 2024
The ODDI process model of group decision-making consists of five stages: Orientation, Discussion, Decision, Implementation, and Evaluation. Each stage plays a crucial role in ensuring that the group makes well-informed and effective decisions.
However, if I had to identify one stage that could potentially be skipped with few ill effects, it would be the Evaluation stage. While evaluation is important for assessing the outcomes of the decision and identifying any areas for improvement, it may not always be necessary in every decision-making process. In some cases, the group may have a clear understanding of the decision's impact and may not require a formal evaluation process.
That being said, it's important to note that skipping the Evaluation stage should only be considered in specific circumstances where the decision is relatively straightforward and the group is confident in its implementation. In most cases, all stages of the ODDI process model should be followed to ensure thorough and effective group decision-making.
However, if I had to identify one stage that could potentially be skipped with few ill effects, it would be the Evaluation stage. While evaluation is important for assessing the outcomes of the decision and identifying any areas for improvement, it may not always be necessary in every decision-making process. In some cases, the group may have a clear understanding of the decision's impact and may not require a formal evaluation process.
That being said, it's important to note that skipping the Evaluation stage should only be considered in specific circumstances where the decision is relatively straightforward and the group is confident in its implementation. In most cases, all stages of the ODDI process model should be followed to ensure thorough and effective group decision-making.
HM
Answered
Cross-cultural negotiations are an important part of every global manager's job.
On Jul 25, 2024
True
HM
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As a general rule,liability insurance policies furnish the insured with coverage for his negligence and his intentional acts of a wrongful nature.
On Jun 27, 2024
False
HM
Answered
Suppose most people regard emeralds, rubies, and sapphires as close substitutes for diamonds. Then DeBeers, a large diamond company, has
A) less incentive to advertise than it would otherwise have.
B) less market power than it would otherwise have.
C) more control over the price of diamonds than it would otherwise have.
D) higher profits than it would otherwise have.
A) less incentive to advertise than it would otherwise have.
B) less market power than it would otherwise have.
C) more control over the price of diamonds than it would otherwise have.
D) higher profits than it would otherwise have.
On Jun 25, 2024
B
HM
Answered
Apu's Squishy production function is 
where K is the number of squishy machines and L is the number of labor hours he employs. Does this production function exhibit increasing, decreasing or constant returns to scale? At the moment, Apu uses 2 squishy machines and 4 labor hours. Suppose that Apu can use any amount of either input without affecting the market costs of the inputs. If Apu increased his use of labor hours and squishy machines by 100%, how much would his production increase? Increasing the use of both inputs by 100% will result in Apu's costs increasing by exactly 100%. If Apu increases his use of all inputs by 100%, what will increase more his production or his costs? Given that Apu can sell as many squishies as he produces for $1.00, do his profits go up or down when he increases his input use by 100%?
where K is the number of squishy machines and L is the number of labor hours he employs. Does this production function exhibit increasing, decreasing or constant returns to scale? At the moment, Apu uses 2 squishy machines and 4 labor hours. Suppose that Apu can use any amount of either input without affecting the market costs of the inputs. If Apu increased his use of labor hours and squishy machines by 100%, how much would his production increase? Increasing the use of both inputs by 100% will result in Apu's costs increasing by exactly 100%. If Apu increases his use of all inputs by 100%, what will increase more his production or his costs? Given that Apu can sell as many squishies as he produces for $1.00, do his profits go up or down when he increases his input use by 100%?On May 28, 2024
Since 
we know the production process exhibits increasing returns to scale. Increasing input use by 100% will result in production increasing by more than 100%. Since Apu can sell as many units as he likes for $1.00, we know that Apu's revenue increases by more than 100%. Since costs go up by only 100%, Apu's profits go up by more than 100%. This can be shown as follows: 
we know the production process exhibits increasing returns to scale. Increasing input use by 100% will result in production increasing by more than 100%. Since Apu can sell as many units as he likes for $1.00, we know that Apu's revenue increases by more than 100%. Since costs go up by only 100%, Apu's profits go up by more than 100%. This can be shown as follows: HM
Answered
Which component below is an external force for change discussed in the textbook?
A) organizational restructuring
B) management changes
C) customers changing preferences
D) intrapreneurship
A) organizational restructuring
B) management changes
C) customers changing preferences
D) intrapreneurship
On May 26, 2024
C