1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
RSB [31]
4 years ago
11

The marketing managers of Rudolf Ltd., strive so hard to agree on an important decision to launch a product that they ignore inf

ormation that a similar product already exists in the market and that the barriers to entry into the market are high. This refers to which of the following decision-making processes?
A. Dialectical inquiry
B. Devil's advocacy
C. Groupthink
D. Intuition
E. Representative bias
Business
2 answers:
wariber [46]4 years ago
8 0

Answer:C. Groupthink

Explanation:Groupthink is a phenomenon that occurs when the desire for group consensus overrides people's common sense desire to present alternatives, critique a position, or express an unpopular opinion. Here, the desire for group cohesion effectively drives out good decision-making and problem solving.

Groupthink is the name given to a theory or model that was extensively developed by Irving Janis (1972) to describe faulty decision making .

jolli1 [7]4 years ago
3 0

Answer:

Group think ( C )

Explanation:

Group think decision-making strategy is a type of decision making strategy whereby the desire to have a uniform decision by a group of people over an important action to be taken overrides the sense of considering the limiting factors that such action might face in the short and long runs.

The marketing managers of Rudolf Ltd striving hard to agree on the decision to launch a product that has a direct competition in the market already, without first conducting proper market analysis on how the new product will succeed in the market against other similar products already existing in the market is termed GROUP THINK  

You might be interested in
Select a product or component for which physical properties are more important than mechanical properties. • Describe the produc
Dmitry_Shevchenko [17]

Answer:

Explanation:one good example is an electrical wire,an electrical wire is usually coated with insulator to prevent the current from affecting the present environment.. Why the mechanical function is to transport electricity..so an electrical wire transport electricity and still it users from hazards

6 0
4 years ago
Public saving is negative when:A. there is a government budget surplus.B. there is a government budget deficit.C. the government
m_a_m_a [10]

Answer: Option (B) is correct.

Explanation:

Public saving refers to the tax revenue amount that a government left with after paying for its expenditure or spending.

Public saving = Tax revenue - Spending

Private saving refers to the after tax income of the individuals after paying for their consumption and taxes.

Suppose there is a government budget deficit, in this situation government's expenditure is greater than government's receipts. This means that tax revenue is not enough to pay out its expenditure.

Therefore, this will lead to negative public savings.

3 0
3 years ago
Which of the following statements about first-line managers is true?
Digiron [165]

Answer:

Explanation:

Answer is C i

3 0
3 years ago
The calculation of GDP does NOT include the value of:________1. Michelin tires purchased by Canadian car collectors. 2. Goodyear
ExtremeBDS [4]

Answer:

3. Bridgestone tires purchased by Ford Motor Co.

Explanation:

GDP refers to the total value of all the goods and services produced in a country. Calculation of GDP involves adding up all the values of finished goods and services and multiplying them by their prices.  For accuracy purposes, and to avoid double-counting, economists consider finished consumable products only.

When capital goods are included in GDP, they are likely to be counted again in the final product. The tires purchased by the car collectors, secret services, and at the garage are for consumption. The customers will use them as the end products. Tires purchased by Ford motors will be used in the production of motor vehicles. They are capital goods or goods used in manufacturing other goods. They are not included in GDP calculation.

5 0
3 years ago
When managers begin with a blank slate and must justify their expenditures, what budgeting method is being used?
sergejj [24]
The manager, would turn to Zero-based budgeting method (ZBB). This would mean that everything would be justified, in a monthly rate. Everything would be analyzed, keeping in mind the expenses and needs of each function.

Hope that helped :) 
5 0
4 years ago
Other questions:
  • What is the relationship between the gross public debt and the net public​ debt?
    10·1 answer
  • Prepare for the DMV drive test by ensuring your_____ is in good operating condition.
    11·1 answer
  • On January 1, 2018, Nana Company paid $100,000 for 8,000 shares of Papa Company common stock. The ownership in Papa Company is 1
    5·1 answer
  • Which of the following is an example of the planning function of the budgeting​ process? A. Budget figures are used to evaluate
    5·1 answer
  • A disorder resulting from exposure to a major stressor, with symptoms of anxiety, nightmares, poor sleep, reliving the event, an
    10·2 answers
  • This document summarizes why the project is important by describing the benefits of a selected component, and is used as a basis
    12·1 answer
  • Economics ch 7 <br> What are the 2 barriers to entry in a market
    14·1 answer
  • Assume that the required reserve ratio is 10 percent, banks keep no excess reserves and borrowers deposit all loans made by bank
    9·1 answer
  • What is an advantage of taking out a long-term loan instead of a short-term
    15·1 answer
  • A trader is long EUR/USD at 1.2780 and has a target of 1.2790, but wants to limit losses to 1.2775. If they have entered an OCO
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!