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kati45 [8]
3 years ago
12

As a software development project manager, Chang is extremely busy working on new products as well as improving old ones and fix

ing the glitches in existing ones. Given the time crunch, Chang's operational philosophy for problems is to go with a solution that meets his minimum standard of acceptance. Given more time he can probably find a better solution but he believes in moving on. Which of these describes his approach?
a. Escalation of commitment
b. Optimizing
c. A representativeness heuristic.
d. A non-analytic decision strategy
e. Satisficing
Business
1 answer:
ryzh [129]3 years ago
3 0

Answer:

e. Satisficing

Explanation:

Satisficing is an approach to decision-making that involves seeking satisfactory solutions to problems rather than expending more resources seeking for the best solution. It is a kind of a faster way to make decision and seek solutions that can satisfactorily solve a problem within acceptable limits. The approach employed by Change can simply be described as that of satisficing.

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A company uses radio frequency identification (RFID) tags to keep track of its inventory. This is an example of the impact of te
balu736 [363]

Answer:

Operations

Explanation:

Operations management refers to the management field which deals with the layout and regulation of the manufacturing process and the reconstruction of business activities in the manufacturing goods or services. This means knowing that business activities are valuable in terms of just using as few capitals as possible and in order to fulfill customer needs efficiently.  

        It is associated with maintaining a total distribution system which is also the method of transforming inputs (in the terms of raw resources, manpower and power) into outcomes (in the terms of products or services) or supplying a commodity or facilities. Produces processes, controls consistency and establishes business              

3 0
3 years ago
Jasper makes a $25,000, 90-day, 7% cash loan to clayborn co. the amount of interest that jasper will collect on the loan is:
scZoUnD [109]
This a simple interest question with the principal = $25,000 time = 90 days and rate = 7%.
The simple interest in an investment after t days is given by PRT / (100 x 360). where P = $25,000 R = 7% and T = 90

S.I = (25000 x 7 x 90) / (360 x 100) = 15750000 / 36000 = 437.5

Therefore, the amount of interest Jasper will collect is $437.50
5 0
3 years ago
"Corporate officers hold positions of trust in our markets and have important responsibilities to shareholders," said Steven Pei
Fed [463]

Answer:

huh. this is confusing.

Explanation:

5 0
3 years ago
Farmers Produce Inc. and Growers Market enter into a contract for the delivery of vegetables. Some of the produce spoils before
Tamiku [17]

Answer:

A. Not fully integrated.

4 0
3 years ago
Explain in your own words assertiveness and power distance as it relates to management. Provide your own examples. g
GalinKa [24]

Explanation:

Manage an organization is a complex task, which must be performed by a leader with well-developed skills. Currently, in the globalized era, where there is an intense flow of information and an extremely competitive market, there are leadership characteristics that cannot be overlooked.

In centralized organizations, there is less flexibility in the organizational structure, and power is concentrated in the hands of the highest hierarchical level of the organization, it is what can be called distance of power, which is a type of autocratic leadership where there is no greater participation decision-making.

However, this characteristic is less and less recurrent in a market marked by cultural and technological interactions.

Business management by an autocratic leader is being replaced by assertiveness, which is the characteristic of a democratic leader, whose focus is on the inclusion of people, assistance and leadership aimed at creating an organizational culture based on ethical concepts, respect and reliability .

Therefore, in the current scenario, where companies have a highly valued social responsibility, leadership must be focused on the inclusion and appreciation of employees, creating a sense of unity and appreciation so that there is a positive work environment and increase their position in the market

7 0
3 years ago
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