TK
Taarun Kumar
Answers (6)
TK
Answered
Beginning inventory plus purchases equals
A) cost of goods available for sale.
B) cost of goods sold.
C) ending inventory.
D) total inventory on hand.
A) cost of goods available for sale.
B) cost of goods sold.
C) ending inventory.
D) total inventory on hand.
On Jul 21, 2024
A
TK
Answered
Rather than relying on design engineers alone to design new products, the CEO of San Remo Resources wants to form teams of people from several departments to develop more creative products.These teams will consist of design engineers, manufacturing engineers, marketing staff, and purchasing staff.San Remo's CEO believes that these teams will develop more creative products than design engineers did when working alone.Identify three potential constraints that might interfere with the CEO's expected benefits of team-based decision making and creativity.
On Jul 18, 2024
The textbook discusses four constraints on team decision making and creativity.Students may identify any three of these.The question also asks students to 'identify', not 'discuss', so the answer may be briefer than is presented here.
Time constraints.Teams take longer than individuals to make decisions.Unlike individuals, teams require extra time to organize, coordinate and socialize.The larger the group, the more time required to make a decision.Team members need time to learn about each other and build rapport.They need to manage an imperfect communication process so that there is sufficient understanding of each other's ideas.They also need to coordinate roles and rules of order within the decision process.
Evaluation apprehension.Individuals are reluctant to mention ideas that seem silly because they believe (often correctly) that other team members are silently evaluating them.This is most common in meetings attended by people with different levels of status or expertise or when members formally evaluate each other's performance throughout the year (as in 360-degree feedback).Evaluation apprehension is a problem when the group wants to generate creative ideas, because these thoughts often sound bizarre or lack logic when presented.Unfortunately, many potentially valuable ideas are never presented to the group because creative thoughts initially seem ridiculous and a waste of time.
Pressure to conform.Conformity causes team members to suppress their dissenting opinions about discussion issues, particularly when a strong team norm is related to the issue.When someone does state a point of view that violates the majority opinion, other members might punish the violator or try to persuade him or her that the opinion is incorrect.
Groupthink.This is the tendency of highly cohesive groups to value consensus at the price of decision quality.There are strong social pressures on individual members to maintain harmony by avoiding conflict and disagreement.They suppress doubts about decision alternatives preferred by the majority or group leader.Team members want to maintain this harmony because their self-identity is enhanced by membership in a powerful decision-making body that speaks with one voice.High cohesiveness isn't the only cause of groupthink.It is also more likely to occur when the team is isolated from outsiders, the team leader is opinionated (rather than remaining impartial), the team is under stress due to an external threat, the team has experienced recent failures or other decision-making problems, and the team lacks clear guidance from corporate policies or procedures.
Time constraints.Teams take longer than individuals to make decisions.Unlike individuals, teams require extra time to organize, coordinate and socialize.The larger the group, the more time required to make a decision.Team members need time to learn about each other and build rapport.They need to manage an imperfect communication process so that there is sufficient understanding of each other's ideas.They also need to coordinate roles and rules of order within the decision process.
Evaluation apprehension.Individuals are reluctant to mention ideas that seem silly because they believe (often correctly) that other team members are silently evaluating them.This is most common in meetings attended by people with different levels of status or expertise or when members formally evaluate each other's performance throughout the year (as in 360-degree feedback).Evaluation apprehension is a problem when the group wants to generate creative ideas, because these thoughts often sound bizarre or lack logic when presented.Unfortunately, many potentially valuable ideas are never presented to the group because creative thoughts initially seem ridiculous and a waste of time.
Pressure to conform.Conformity causes team members to suppress their dissenting opinions about discussion issues, particularly when a strong team norm is related to the issue.When someone does state a point of view that violates the majority opinion, other members might punish the violator or try to persuade him or her that the opinion is incorrect.
Groupthink.This is the tendency of highly cohesive groups to value consensus at the price of decision quality.There are strong social pressures on individual members to maintain harmony by avoiding conflict and disagreement.They suppress doubts about decision alternatives preferred by the majority or group leader.Team members want to maintain this harmony because their self-identity is enhanced by membership in a powerful decision-making body that speaks with one voice.High cohesiveness isn't the only cause of groupthink.It is also more likely to occur when the team is isolated from outsiders, the team leader is opinionated (rather than remaining impartial), the team is under stress due to an external threat, the team has experienced recent failures or other decision-making problems, and the team lacks clear guidance from corporate policies or procedures.
TK
Answered
Reports that describe periodic, recurring activities or situational, nonrecurring events are
A) justification/recommendation reports.
B) informational reports.
C) analytical reports.
D) yardstick reports.
A) justification/recommendation reports.
B) informational reports.
C) analytical reports.
D) yardstick reports.
On Jun 21, 2024
B
TK
Answered
Which of the following tends to result in increased continuance commitment?
A) Corporate leaders demonstrate increasing trust in employees.
B) The company helps employees learn more about the organization through departmental visits and special seminars on company products.
C) Employees receive low interest loans and other incentives from their employer that make it costly for them to quit.
D) The company introduces a no-layoff policy.
E) All of the above increase continuance commitment.
A) Corporate leaders demonstrate increasing trust in employees.
B) The company helps employees learn more about the organization through departmental visits and special seminars on company products.
C) Employees receive low interest loans and other incentives from their employer that make it costly for them to quit.
D) The company introduces a no-layoff policy.
E) All of the above increase continuance commitment.
On Jun 18, 2024
C
TK
Answered
Workforce diversity has made flexibility and accommodation top priorities for managers today.
On May 21, 2024
True
TK
Answered
(Table: Cakes) Use Table: Cakes.Pat is opening a bakery to make and sell special birthday cakes.She is trying to decide how many mixers to purchase.Her estimated fixed and average variable costs if she purchases 1,2,or 3 mixers are shown in the table.Assume that average variable costs do not vary with the quantity of output.How many mixers should Pat buy to get the lowest average total cost if she plans to make 200 cakes?
A) 1
B) 2
C) 3
D) Can't be determined without more information
A) 1
B) 2
C) 3
D) Can't be determined without more information
On May 19, 2024
B