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aliina [53]
3 years ago
9

Ariel, Fouad, Nicola, and Daryush are four managers at Lost Soles Shoes. Each uses a different decision-making style and believe

s that their style is the best. Ariel always presents the problem to her employees and gathers their opinions and suggestions, but makes the decision herself. Fouad gives his employees the responsibility for making the decision within a set of specified boundary conditions. Nicola makes the decision without asking her employees for their opinions or suggestions. Daryush presents the problem to his employees and seeks consensus, emphasizing that her opinion is only as important as every other employee's in her department. Which of the following decision making styles is Nicola displaying?
A) consultative
B) autocratic
C) delegative
D) facilitative
E) negotiative
Business
1 answer:
Zanzabum3 years ago
6 0

Answer:

B) autocratic

Explanation:

Nicola is displaying the decision-making style known as autocratic. This is because she is not asking for input or advice from employees, and instead makes the entire decision herself. Therefore, she is taking complete control over the situation by doing so and also taking full responsibility of both the situation and the possible consequences that may arise from the decision that she has made. This form of fast, controlling, action is part of an autocratic decision-making style.

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If, at the current price, there is a shortage of a good, thena. sellers are producing more than buyers wish to buy.b. the market
sdas [7]

Answer:

C. the price is below the equilibrium price

Explanation:

Remember, in the law of demand and supply the quantity supplied is dependent on the value of the price of a good.

In this case the price is below the equilibrium price; meaning demand would be higher than the supply which results in the shortage of the good and the company therefore raises the price of the good.

For example, the price of oranges decrease in the equilibrium price (from $10 to $5), resulting in an increase in the demand for oranges.

The increase in demand would lead to shortage, making farmers increase price wanting to supply more.

7 0
4 years ago
Match the term with what most needs to be clarified within the following examples.
leonid [27]

Intention is a mental state that represents a commitment to carrying out an action or actions in the future. Intention involves mental activities such as planning and forethought.

Definition  

Folk psychology explains human behavior on the basis of mental states, including beliefs, desires, and intentions. Mental mechanisms, including intention, explain behavior in that individuals are seen as actors who have desires and who attempt to achieve goals that are directed by beliefs. Thus, an intentional action is a function to accomplish a desired goal and is based on the belief that the course of action will satisfy a desire. Searle  labeled these as intention-in-action and prior intention respectively. Prior intentions reflect forethought about intentions-in-action; prior intentions do not need to be carried out to be considered intentions. Theory of mind research attempts to map how children come to understand the mind as a representational device for the world. This research has focused on the development of knowledge that others have beliefs, desires, and intentions that are different from one's own. A basic ability to comprehend other people's intentions based on their actions is critical to the development of theory of mind. Second, intentions are integral to an understanding of morality. Children learn to assign praise or blame based on whether actions of others are intentional. Intention is also necessary to understand and predict the plans and future actions of others. and the achievement of cooperative goals. Social, cognitive and developmental psychological research has focused on the question: How do young children develop the ability to understand other people's behaviors and int

5 0
3 years ago
Which of the following is NOT one of the managerial considerations in determining how to compete successfully? How should a comp
hodyreva [135]

Answer:

 Strategy of company concerns are explained as the action plan management,and organisational objectives.

Explanation:      

A.  A more appealing product needs to be offered to rivals for new product.

B. planning of money.

C.  action plan for management function for achieving superior profitability.

D. The company should pursue, the long-term direction management.

E. conservative defense to project

    The action plan management of the company is taking to:

A.  role out a market position,  to attract and satisfy customers, successfully,

perform the operations, and achieve all objectives.

B. conduct a sustainable competitive method and compete against rivals.

C. make your product offering more different and appealing for buyers.

D. conduct the operations.

Organizational objectives are achieved by the following methods:

A. strategic intent

B. statement of the mission.

C. plan of action.

D. business module.

E. strategic vision.

The objectives requires well groomed management to strive to:

A. match your rival businesses products and quality dimensions.

B. short-term success and build profit.

C. realignment in the market.

D. developing lasting success.

E. re-create the bussiness models.

To improve performance, for different avenues:

A. lowering the operating profit margins than rivals to drive sales

growth.

B. achieving analogous of the products.

C. pursing similar personalized customer service or quality dimensions as rivals.

D. Confination of operations to the markets.

4 0
4 years ago
After segmentation, the customer group selected by a firm is referred to as the target market.
love history [14]
True. 

Segmentation allows a firm to break the customer market by different categories and groups, such as demographics, market location, age, gender, and more. The segmentation process uses data to help the firm choose its target market to capture the most value. The customer group selected is then the target market for the firm. 
7 0
3 years ago
A firm's diversification strategy is most likely to add value if:________. a. There exist economies of scope between diversified
Katyanochek1 [597]

Answer:

Option A. There exist economies of scope between diversified business units

Explanation:

The reason is that diversification is lowering the industry risk of the business the company is in by investing in several other industries. This helps us to lower the risk and have a steady returns in the subsequent years. This means uncertainty related to cash flows is lowered and this has also increased the chances of cash surplus for subsequent years.

Furthermore, if the investments made in diversified business units possesses economies of scope, which means that we are in related diversification because we are manufacturing different but similar goods which are substitutes to each other from large to some extent. This brings economies of scope and would lower the total operating cost of company. Hence the <u>Option A</u> which says that economies of scope does add value to the company is the right option.

Option B is not preferable option as the option of investing in different businesses is choosen in the option A.

Option C is again the same as Option B and the difference is that it uses the word several unrelated businesses instead of comprehensive business portfolio which is the same thing. Hence <u>Option C</u> is also not preferable option here.

<u>Option D</u> is incorrect because when we acquire an organization it is the move of increase in risk portfolio because acquisitions are mostly not a sound investments and not a part of diversification strategy as the company is putting all the eggs in the single basket.

4 0
3 years ago
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