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Liula [17]
3 years ago
13

For seven years, Bonnie Patterson has been a manager at Wayne and Watson, a legal consultancy firm. A good part of her workday i

nvolves holding meetings, and she likes to follow a well-defined schedule. For this reason, members of her team receive the agenda at the beginning of the meeting, followed by some time to contemplate the issue at hand individually. Subsequently, the team members present their ideas one after the other, the group discusses them together, and lastly, a ranking is done to choose the most favored idea. This represents the ________ approach of group decision making.
Business
1 answer:
Blababa [14]3 years ago
5 0

Answer:

Nominal Approach

Explanation:

The approach which is followed by manager is the Nominal approach or technique, it is that technique which involves the group process comprise of solution generation, decision making and problem identification.

It can be used many sizes of the group, who want to take a decision as by vote, rank but include everyone opinions. Therefore, in situation, this approach is used.

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Which of the following is a disadvantage of the first-mover strategy?
masha68 [24]

Answer:

c. It may provide only a temporary market advantage.

Explanation:

According to my research, the first mover strategy is a marketing strategy that  offers an advantage by gaining the initial significant occupant of a market segment. This is usually caused by the inquiry of new technological leadership or purchase of early resources, even though this may only provide a temporary market advantage.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
Assume a pension fund purchased stock at $53. Call options at a $50 exercise price presently have a $4 premium per share. The pe
Yakvenalex [24]

Answer:

$1

Explanation:

Data provided in the question:

Purchasing price of stock = $53

exercise price of the stock = $50

Price of the stock = $56

Premium per share = $4

Now,

The gain is calculated as :

Gain = exercise price + Premium per share - Purchased stock  

or

Gain = $50 + $4 - $53

or

Gain = $1

Hence,

The gain per share to the pension fund is $1

7 0
3 years ago
The Crockery Pottery Company completed the flexible budget analysis for the second​ quarter, which is given below.
MariettaO [177]

Answer:

A. increase in sales volume

Explanation:

Base on the scenario been described in the question, the one that would best explain the sales volume variance for sales​ revenue will be increase in sales volume according to the to the table given above

7 0
3 years ago
The set of business activities that adds value to products and services sold to consumers for their personal or family use is re
BARSIC [14]

Answer:

Marketing

Explanation:

5 0
3 years ago
At an inflation rate of 7 percent, the purchasing power of $3 would be cut in half in 10.25 years. how long to the nearest year
lyudmila [28]
The applicable formula is;
A = P(1-r)^n

Where;
A = Final purchasing power
P = Current purchasing power
r = inflation
n = Number of years when P changes to A

Confirming the first claim:
A = 1/2P (to be confirmed)
P = $3
r = 7% = 0.07
n = 10.25 years

Using the formula;
A = 3(1-0.07)^10.25 = 3(0.475) ≈ 3(0.5) = $1.5
And therefore, A = 1/2P after 10.25 years.

Now, give;
P = $9
A = 1/4P = $9/4 = $2.25
r = 6.5% = 0.065
n = ? (nearest year).

Substituting;
2.25 = 9(1-0.065)^n
2.25/9 = (1-0.065)^n
0.25 = (1-0.065)^n
ln (0.25)= n ln(1-0.065)
-1.3863 = -0.0672n
n = (-1.3863)/(-0.0672) = 20.63 years

To nearest year;
n = 21 years

Therefore, it would take approximately 21 years fro purchasing power to reduce by 4. That is, from $9 to $2.25.
7 0
3 years ago
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