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2 years ago

Goal displacement, satisficing, and groupthink are:

Business

1 answer:

Grace [21]2 years ago

6 0

Goal displacement, satisficing, and groupthink are the advantages of group decision-making.

Group decision-making simply means the process where several individuals act collectively in order to analyze a particular problem.

During group decision-making, several ideas are considered and the best approach or idea is chosen in order to achieve a particular goal.

Some of the advantages of the group decision-making include goal displacement, satisficing, and groupthink.

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Assuming there are only two types of outputs in a country: consumer goods and nuclear missiles. All else being constant, as the

kotykmax [81]

Answer:

C. every additional missile will reduce consumer goods production more and more.

Explanation:

As more missiles are being produced, there would be less resources available to produce consumer goods. So, the production of consumer goods would reduce.

The production possibility frontier explains this concept

The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.

As more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.

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3 years ago

The following quote best describes ________. "The marvels of modern technology include the development of a soda can which, when

Alja [10]

Answer:

E)excessive markups

Explanation:

the car must was the must to the book

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3 years ago

True or False: If Kevin's Fire Engines were a competitive firm instead and $160,000 were the market price for an engine, decreas

Feliz [49]

Answer:

False

Explanation:

Kevin should not rise the level of production from 5 to 6 as the impact of the price dominates this situation

Also the market is not depend on the Kevin fire engines because of the competitive market

Plus the supply and demand relation is inverse and not depend on the change in price level in a competitive market

If the price is decreased from $160,000 to $120,000 so the quantity of the production would not be impacted

In addition to this, the total revenue could be impacted when there is a reduction in the price that produced more sale due to this there is a slightly change in upward and downward

Also the change would never be in the similar production as compare to the change in price

Therefore the given statement is false

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3 years ago

Layla Company began making mascara in November 2018 using a single-step process. Layla incurred $42,000 for materials and $48,64

Anna35 [415]

Answer:

correct answer is b) $2.00

Explanation:

we know here

started and completed unit for physical = 18000

so EUP material for 100 % = 18000

and

Ending work in process for physical = 3000

so EUP material for 100 % = 3000

so total EUP material = 18000 + 3000 = 21000

and

Unit cost is here = $\frac{42000}{21000}$

Unit cost = 2 per unit

so correct answer is b) $2.00

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4 years ago

an important feature of supply chain management is its application of sophisticated information technology that allows companies

xz_007 [3.2K]

I agree that the y is connected to fry nye the answer would have to be so be it through the needs

3 0

3 years ago