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stealth61 [152]
4 years ago
15

Managers have to decide when to make decisions themselves and when they should involve a group. part of that decision should be

based on weighing the advantages and disadvantages to using group decision making. in this exercise, you will categorize various attributes of group decision making into either being an advantage or disadvantage.
Business
1 answer:
WARRIOR [948]4 years ago
7 0

Group Decision Making

Pros:

  • More points of view
  • More possible solutions to consider
  • More creative

Cons:

  • Possibility for more disagreement/conflict
  • "Groupthink" = people going along with a bad idea because they are afraid to speak up/rock the boat
  • Few people can dominate the discussion
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PLEASE HELP!!!! BRAINLIEST!!!
MrMuchimi

Answer:

Human resource managers play a key role in developing an organization's culture. They facilitate communication between a company's managers and employees, helping to resolve disputes or complaints and advise executives on relevant policies for workplace conduct.

Explanation:

The Human Resource Manager will lead and direct the routine functions of the Human Resources (HR) department including hiring and interviewing staff, administering pay, benefits, and leave, and enforcing company policies and practices.

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5 0
2 years ago
Read 2 more answers
If equilibrium is achieved in a competitive market the deadweight loss will equal the sum of consumer surplus and producer surpl
marysya [2.9K]

Answer:

there is no deadweight loss.

Explanation:

In a perfect competition, there are many buyers and sellers of homogeneous products, and there is free entry and exit in the market.

This simply means that, in a perfectly competitive market, there are many buyers and sellers (price takers) of homogeneous products (standardized products with substitute) and the market is free (practically open) to all individuals or business entities that are willing to trade all their goods and services.

Generally, a perfectly competitive market is characterized by the following features;

1. Perfect information.

2. No barriers, it is typically free.

3. Equilibrium price and quantity.

4. Many buyers and sellers.

5. Homogeneous products.

Examples of a perfectly competitive market are the Agricultural sector, e-commerce and the foreign exchange market.

Hence, if equilibrium is achieved in a competitive market then, there is no deadweight loss i.e a loss of economic efficiency due to a lack of balance in competing economical influences for goods or services.

4 0
3 years ago
On its December 31, 2017, balance sheet, Estes Co. reported its investment in trading securities, which had cost $500,000, at fa
kogti [31]

Answer:

Estes must adjust the Securities Fair Value Adjustment account (which is a contra asset account) by debiting $17,500 (= $475,000 - $492,500). Since the investment in trading securities is considered an asset but it had lost value, an unrealized loss of $25,000 was reported in its 2017 balance. Since the investment's value has increased, the unrealized loss has to decrease. This is done by crediting an unrealized gain of $17,500 in the Unrealized Gains account (equity account).

3 0
3 years ago
A no-frills account often has no fees.<br> A. True<br> B. False
Veseljchak [2.6K]

False.

Explanation:

in addition to the service charges applicable to the no frills account was substantially lower than that of the regular savings accounts as a result the zero balance requirement that most banks offered,the account became commonly known as ZERO BALANCE ACCOUNT.

3 0
3 years ago
Elvis values the first gravy sandwich at $5, the second at $4.50, and the third at $4. If he buys three sandwiches for $4 each,
12345 [234]

Answer:

Consumer Surplus = $1.50

Explanation:

Consumer surplus is the difference between what a consumer is willing to pay for a given amount of goods or services and what he ends up paying.

Therefore,

Consumer surplus = Amount consumer is willing to pay less amount paid

Given that

Elvis is willing to pay 5 + 4 + 4.50 = 13.50 for three

Price of 3 sandwich = 3 × 4 = 12

Consumer surplus = 13.50 - 12

= $1.50

6 0
3 years ago
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