Category: Uncategorized

accounts data bank

Question
	
24. Crisfield Company has two reportable segments, C
and D. Segment C made $4,000,000 of sales to external customers and $400,000 of
sales to other operating segments. Segment D, on the other hand, made sales of
$8,000,000 to external customers and $1,600,000 of sales to other operating
segments. Crisfield Company reported $13,200,000 of revenues on its
consolidated income statement. What calculation below correctly determines
whether Crisfield Company's reportable segments satisfy the 75% revenue
test? 

A. $14,000,000/$15,200,000

B. $14,000,000/$13,200,000

C. $12,000,000/$13,200,000

D. $12,000,000/$15,200,000

 





25. Zeus Corporation has determined that it has 15
reportable operating segments. In order to comply with the standard for segment
disclosures, Zeus Corporation should do which of the following? 

A. Report 10 reportable segments and disclose the remaining 5 segments as
other operating segments.

B. Report 10 reportable segments by combining the most closely related
segments.

C. Report 15 reportable segments as long as the 75 percent revenue test
has been satisfied.

D. Report 12 reportable segments and show all other operating segments in
a column labeled "Other Operating Segments."

 

26. FASB 131 requires certain disclosures about major
customers. All of the following statements about those disclosures are true
with the exception of which statement? 

A. The identity of the segment reporting the revenue from a significant
customer must be disclosed a footnote.

B. The amount of revenue from a significant customer must be disclosed in
a footnote.

C. For applying the disclosure test a threshold of 10 percent of total
revenues is mandated.

D. A local, state, or foreign government can be considered a major
customer.

 

27. The management approach to the definition of
segments for financial reporting expects a company to:

I. Report disaggregated information on the same organizational basis as used by
the company's internal decision makers.

II. Report disaggregated information for at least ten segments. 

A. I

B. II

C. Both I and II

D. Neither I nor II

 





28. Main Manufacturing Corporation reported
consolidated revenues of $50,000,000 on its income statement for 2008. The
management of the corporation identified 3 industry segments, M, N, and O.
These segments had the following intersegment sales and transfers during 2008:

  

For Main Manufacturing Corporation, the revenue test would be satisfied if any
of its industry segments had revenue equal to or greater than which of the
following? 

A. $7,400,000

B. $5,740,000

C. $5,000,000

D. $4,260,000

 

29. Stone Company reported $100,000,000 of revenues on
its 2008 income statement. During the year ended December 31, 2008, Stone made
sales of $8,000,000 to external customers in Western Europe. In addition, Stone
made sales of $10,000,000 to the U.S. government and $4,000,000 of sales to
various state governments. In the footnotes to its financial statements for
2008, in reporting enterprisewide disclosures, Stone is required to disclose:

  

A. Option A

B. Option B

C. Option C

D. Option D

 


	

Help me please!

Question
	
How do we assess
 the situation prior to entering a plant suspected of having a hazardous
 chemical spill? What are some of the safeguards used by both first
responders and those responsible for the recovery phase of response?
 
How should
responders approach the various disease transmission modes when
responding to a suspected infectious disease event? What type of
equipment might a responder use to prevent transmission from occurring?
What are some of the techniques used to reduce risk of transmission?

 
Please answer each of the review questions above in one Word document, using 200 to 300 words per question.
	

MONEYBALL

MONEYBALL

Moneyball, a book by Michael Lewis (2003), highlights how creativity, framing, and robust technical analysis all played a part in the development of a new approach to talent management in baseball. It also exhibited great examples of the biases and psychological pitfalls that plague decision makers. Review the article “Who’s on First?” by Thaler & Sunstein (2003) from this module’s assigned readings. This article reviews the book Moneyball by Michael Lewis. Write a critique of the article including the following points: Examine why sabermetric-based player evaluation is such a shock to other executives in baseball. Evaluate why Beane is much more effective in his success by constructing a matrix of pitfalls and heuristics that highlight the differences between Beane’s team and other executives. Moneyball highlights how people tend to overestimate the likelihood of success and end up facing financial loss—in this case, it meant forfeiting millions of dollars. Analyze a professional or personal decision (yours or otherwise) that highlights this predilection in spite of substantial losses. Explain how you would apply Moneyball’s management lessons in your own endeavors. Lewis, M. (2003). Moneyball. New York, NY: W. W. Norton & Company. Hayashi, A. M. (2001). When to TRUST Your GUT. Harvard Business Review, 79(2), 59–65. http://www.thecampuscommon.com/library/ezproxy/ticketdemocs.asp? sch=auo&turl=http://search.ebscohost.com/login.aspx? direct=true&db=bth&AN=4039074&site=ehost-live Thaler, R. H., & Sunstein, C. R. (2003). Who’s on first? New Republic, 229(9), 27–30. http://ehis.ebscohost.com.libproxy.edmc.edu/eds/detail?sid=382ae552-96f2-446c-8371- 3877f6f0ad63%40sessionmgr111&vid=1&hid=116&bdata=JnNpdGU9ZWRzLWxpdmU%3d#d b=pwh&AN=1064421

How Anti-Virus software works opening paragraph

Question
	
Topic - How anti-virus software works.

This is a one paragraph that states the contents of your paper so that potential
readers can decide whether or not to continue reading. 
An abstract is a no-nonsense, one
paragraph statement of the purpose for your paper. Abstracts are usually 100
words or less. Readers like to know the purpose of a paper before deciding
whether or not to read it. So, tell the readers right up front about your paper
(an abstract appears first).
	

general business data bank

Question
	
1. Which of the following statements is CORRECT?

a. One of the disadvantages of a sole proprietorship is that
the proprietor is exposed to

unlimited liability.

b. It is generally easier to transfer one’s ownership
interest in a partnership than in a

corporation.

c. One of the advantages of the corporate form of
organization is that it avoids double

taxation.

d. One of the advantages of a corporation from a social
standpoint is that every

stockholder has equal voting rights, i.e., “one person, one
vote.”

e. Corporations of all types are subject to the corporate
and personal income tax.



2. Which of the following statements is CORRECT?

a. The cash flows for an ordinary (or deferred) annuity all
occur at the beginning of the

periods.

b. If a series of unequal cash flows occurs at regular
intervals, such as once a year, then

the series is by definition an annuity.

c. The cash flows for an annuity due must all occur at the
ends of the periods.

d. The cash flows for an annuity must all be equal, and they
must occur at regular

intervals, such as once a year or once a month.

e. If some cash flows occur at the beginning of the periods
while others occur at the

ends, then we have what the textbook defines as a ‘variable’
annuity.



3. Which of the following statements is most CORRECT?

a. The four most important financial statements provided in
the annual report are the

balance sheet, income statement, cash budget, and the
statement of stockholders’

equity.

b. The balance sheet gives us a picture of the firm’s
financial position at a point in

time.

c. The income statement gives us a picture of the firm’s
financial position at a point in

time.

d. The statement of cash flows tells us how much cash the
firm has in the form of

currency and demand deposits.

e. The statement of cash needs tells us how much cash the
firm will require during

some future period, generally a year or two.



4. The term “additional funds needed (AFN)” is generally
defined as follows:

a. Funds that are obtained automatically from routine
business transactions.

b. Funds that a firm must raise externally from
non-spontaneous sources, i.e., by

borrowing or by selling new stock or bonds to support
operations.

c. The amount of assets required per dollar of sales.

d. The amount of internally generated cash in a given year
minus the amount of cash

needed to acquire the new assets needed to support growth.

e. A forecasting approach in which the forecasted percentage
of sales for each balance

sheet account is held constant.



5. Spontaneous funds are generally defined as follows:

a. Assets required per dollar of sales.

2

b. A forecasting approach in which the forecasted percentage
of sales for each item is

held constant.

c. Funds that a firm must raise externally through
short-term or long-term borrowing

and/or by selling new common or preferred stock.

d. Funds that arise out of normal business operations from
its suppliers, employees,

and the government, and they include immediate increases in
accounts payable,

accrued wages, and accrued taxes.

e. The amount of cash raised in a given year minus the
amount of cash needed to

finance the additional capital expenditures and working
capital needed to support

the firm’s growth.



6. If markets are in equilibrium, which of the following
conditions will exist?

a. Each stock’s expected return should exceed its realized
return as seen by the

marginal investor.

b. Each stock’s expected return should equal its required
return as seen by the

marginal investor.

c. All stocks should have the same expected return as seen
by the marginal investor.

d. The expected and required returns on stocks and bonds
should be equal.

e. All stocks should have the same realized return during
the coming year.



Part B: Simple problems (8 points
each, 32 in total)

7.(8
points)To complete your last year in business
school and them go through law

school, you will need $10,000 per year for 4 years, starting
next year (that is, you will

need to withdraw the first $10,000 one year from today).
Your rich uncle offers to put

you through school, and he will deposit in a bank paying 7%
interest a sum of money

that is sufficient to provide the 4 payments of $10,000
each. His deposit will be made

today (time “0”).

a. How large must the deposit be?

b. How much will be in the account immediately after you
make the first

withdrawal? After the last withdrawal?



8.(8
points)Alexandra Video Product’s sales are
expected to increase by 20% from $5

million in 2010 to $6 million in 2011. Its assets totaled $3
million at the end of 2010.

Alexandra is already at full capacity, so its assets must
grow at the same rate as

projected sales. At the end of 2010, current liabilities
were $1 million, consisting of

$250,000 of accounts payable, $500,000 of notes payable, and
$250,000 of accruals.

The after tax profit margin is forecasted to be 5%, and the
forecasted payout ratio is

70%.Use the EFN equation to forecast Alexandra's additional
funds needed for the

coming year.



9.(8
points)Jackson Corporation’s bonds will mature
in 10 years. The bonds have a face

value of $1,000, and an 8% coupon rate, paid semi-annually.
The price of the bond is

$1,100. The bonds are callable in 5 years at a call premium
of 5%.

a. What is their nominal yield to maturity (YTM)?

b. What is their nominal yield to call (YTC)?



10.(8
points)You buy a share of MIT Corporation
stock for $21.40, which pays a dividend

of $1.05/share. You expect it to pay dividends of $1.1070,
$1.1449, and 1.2250 in Year

1, 2 and 3 respectively, and you expect to sell it at a
price of $26.22 at the end of the

year 3.

a. Calculate the growth rate in dividends for the last year.

b. Assuming that the calculated growth rate is expected to
continue, what is the

expected dividend yield for the same year?

c. What is this stock’s expected total rate of return at t =
3?



C. Problem solving (13 points
each, 39 in total)

10.(13
points) The most recent financial statements
for Maritin, Inc. are shown below:

Income Statement Balance sheet

Sales $19,200 Assets $93,000 Debt $20,400

Cost $15,550 Equity $72,600

Taxable income $3,650 Total $93,000 Total $93,000

Taxes (34%) $1,241

Net income $2,409

Assets and costs are changingproportionallyto sales. Debt and common equity do not

change. A dividend of $963.60 was paid and Maritin wishes to
maintain a constant

dividend payout ratio of 0.40. Next year’s sales are
projected to be $23,040. What external

financing is needed? (Note: construct the pro-forma balance
sheet to find EFN).



11.(13
points)A company currently pays a dividend of
$2 per share, that is, D0
= $2. It is

estimated that the company’s dividend will grow at a rate of
20% per year for the next 2

years, then at a constant rate of 7% thereafter. The
company’s stock has a beta of 1.2,

the risk-free rate is 7.5%, and the market return is 11.5%.
What is your estimate of the

stock’s current price? What is the stock price in one year
if it appreciates with the same

rate as dividends?



12.
(13 points)Consider the possible rates of return
that you might obtain over the next

year under each state of the economy. You can invest in
stockUand stockV.

State of Probability of Stock A Return Stock B Return

Economy State Occurring if State Occurs (%) if State Occurs
(%)

Recession 0.20 7.0% -5.0%

Normal 0.50 7.0 10.0

Bull 0.30 7.0 25.0

a.
Determine the expected return,
variance, and the standard deviation for stockA

andB.

b.
Determine the covariance and
correlation between the returns of stockAand

stockB.

c.
Determine the expected return and
standard deviation of an equally weighted

portfolio of stockAand stockB.

7



Part D: Essay question (10 points
in total)

List the three forms of market efficiency according to the
EMH and give examples for each

of them.

Extract from an excellent student’s answer:

9

Part D: Bonus questions (2 points
each, 4 in total)

1. Which of the following classes use case-based learning
approach?

a. Corporate finance 1 and 2

b. Political Anthropology

c. Introduction to Music

d. Beginning Drawing



2. Who is the current chair of the Business Department?

a. Lucia Miree

b. Donald Brady

c. Steve Sullivan

d. Cy Reed
	

Where are photosystems located?

Question
	
1. (TCO 7) Where are photosystems located? (Points : 2) 
inner chloroplast membrane
chlorophyll
thylakoid membrane
cristae
stroma
Question 2. 2. (TCO 7) The light reactions of photosynthesis take place ______. (Points : 2) 
in the stroma
on the cristae
in the thylakoid membrane
in the cytosol
in the inner membrane
Question 3. 3. (TCO 7) ______ is to photosynthesis as ______ is to cellular respiration. (Points : 2) 
NADP+ . . . NAD+
The stroma . . . the inner mitochondrial membrane
NADH . . . NADPH
The light reaction . . . the Calvin cycle
Glucose . . . O2
Question 4. 4. (TCO 7) The Calvin cycle makes direct use of ______ to make ______. (Points : 2) 
light energy and CO2 . . . sugar
CO2, ATP, and NADPH . . . sugar and O2
light energy, CO2, and water . . . sugar and O2
CO2, ATP, and NADPH . . . sugar
sugar and O2 . . . CO2, NADPH, and ATP
Question 5. 5. (TCO 8) During metaphase ______. (Points : 2) 
the nuclear envelope breaks up
cytokinesis occurs
tetrads form
centromeres divide
chromosomes line up on the midline of the cell
Question 6. 6. (TCO 8) Which of the following is a stage of mitosis? (Points : 2) 
cytokinesis
telophase
meiosis
interphase
DNA replication
Question 7. 7. (TCO 8) Which of the following occurs during prophase? (Points : 2) 
Chromosomes line up on the midline of the cell
Nucleoli reappear
Sister chromatids separate
The mitotic spindle begins to form
Cytokinesis occurs
Question 8. 8. (TCO 8) Which of the following is the best description of the events of anaphase I? (Points : 2) 
Half of the chromosomes inherited from the mother go to one pole along with half of the chromosomes inherited from the father.
Sister chromatids separate and the daughter chromosomes migrate to opposite poles.
Homologous chromosomes randomly separate and migrate to opposite poles.
Sister chromatids separate; those inherited from the mother migrate to one pole, and those inherited from the father go to the opposite pole.
All of the chromosomes inherited from the mother go to one pole of the cell, and all of the chromosomes inherited from the father go to the other pole.
Question 9. 9. (TCO 8) ______ represent sites of crossing over. (Points : 2) 
chiasma
centrosomes
tetrads
synapses
centromeres
Question 10. 10. (TCO 8) Upon completion of telophase I and cytokinesis, there is(are) ______ cell(s). (Points : 2) 
four haploid
two diploid
two haploid
one diploid
four diploid 
	

general business data bank

Question
	


ANS: 



 51. Organizations are learning to value stability and efficiency over
change and speed because of changes in technology, globalization, and
diversity.



ANS: 



 52. Companies can survive over the long run without innovation as long
as they are successful imitators.



ANS: 



 53. Despite the need for companies to control costs in today’s
economy, innovation has become the new imperative.



ANS: 



 54. Recognizing the value of employees involves the organizing role of
management.



ANS: 



 55. Resources such as efficiency and effectiveness are used by
managers to attain organizational goals.



ANS: 



 56. Allocating resources across the organization is part of the
organizing management function.



ANS: 



 57. An important phase within the controlling function of management
is making corrections when necessary.



ANS: 



 58. By calculating the amount of resources used to produce a single
automobile at a manufacturing plant, managers are determining organizational
effectiveness.



ANS: 



 59. The ultimate responsibility of managers is to achieve high
performance by balancing efficiency and effectiveness.



ANS: 



 60. The majority of business failures are the result of poor human
skills.



ANS: 



 61. Most top executives routinely work at least 12 hours a day and
spend 50 percent or more of their time traveling.



ANS: 



 62. Customer relationship management systems collect and manage large
amounts of data about customers and make them available to employees.



ANS: 



 63. The sequence of suppliers and purchasers, covering all stages of
processing from obtaining raw materials to distributing finished goods to
consumers is referred to as CRM.



ANS: 



 64. Outsourcing refers to contracting out selected functions or activities
to other organizations that can do the work more cost-efficiently.



ANS: 



 65. A process whereby companies find out how others do something
better than they do and then try to imitate or improve on it refers to
outsourcing.



ANS: 



 66. Kaizen refers to an innovation mindset, used widely by Indian
companies, that strives to meet customers’ immediate needs quickly and
inexpensively.



ANS: 



 67. The changing attitudes, ideas, and values of Generation Y
employees is an example of a social force.



ANS: 



 68. Scientific management evolved with the use of precise procedures
in place of tradition and rules of thumb.



ANS: 



 69. A criticism of human relations management is that it ignores the
social context and workers’ needs.



ANS: 



 70. The Hawthorne studies resulted in the movement towards scientific
management.



ANS: 



 71. The human relations movement is also referred to as the dairy farm
view of management, meaning that contented cows give more milk, and satisfied
workers will give more work.



ANS: 



 72. The acceptance theory of authority states that people have free
will and can choose whether to follow management orders.



ANS: 



 73. An assumption of Theory Y is that the average human being has an
inherent dislike of work and will avoid it if possible.



ANS: 



 74. The management science approach uses qualitative data in
management decision making.



ANS: 



 75. Contingency thinking is the ability to see both the distinct
elements of a system or situation and the complex and changing interaction
among those elements.



ANS: 



 76. Discerning circles of causality is an important element of systems
thinking.



ANS: 



 77. Although developed by a Japanese business manager, the quality
movement is strongly associated with American companies.



ANS: 
	

Mullineaux Corporation has a target c

Question
	Mullineaux Corporation has a target capital structure of 64 percent common stock, 9 percent preferred stock, and 27 percent debt. Its cost of equity is 13.4 percent, the cost of preferred stock is 6.4 percent, and the cost of debt is 8.1 percent. The relevant tax rate is 40 percent. What is Mullineaux's WACC?	

general business data bank

Question
	
1. The environments in which
businesses operate are increasingly ____, requiring managers to be ready to
react and respond to even subtle environmental shifts.


 

 

 
a.
 
 

 
static
 

 

 

 
b.
 
 

 
universal
 

 

 

 
c.
 
 

 
constant
 

 

 

 
d.
 
 

 
dynamic
 

 

 

 
e.
 
 

 
traditional
 







ANS: 



 2. ____ includes all elements existing outside
the boundary of the organization that have the potential to affect the
organization.


 

 

 
a.
 
 

 
Organizational
 environment
 

 

 

 
b.
 
 

 
Internal
 environment
 

 

 

 
c.
 
 

 
Task environment
 

 

 

 
d.
 
 

 
General environment
 

 

 

 
e.
 
 

 
Technological
 environment
 







ANS: 





 3. ____ system draws resources from the external
environment and releases goods and services back to it.


 

 

 
a.
 
 

 
Production
 

 

 

 
b.
 
 

 
Closed
 

 

 

 
c.
 
 

 
Open
 

 

 

 
d.
 
 

 
Information
 

 

 

 
e.
 
 

 
Management
 







ANS: 



 4. All of these are a part of an organization's
task environment EXCEPT


 

 

 
a.
 
 

 
Customers
 

 

 

 
b.
 
 

 
Labor markets
 

 

 

 
c.
 
 

 
Competitors
 

 

 

 
d.
 
 

 
Employers
 

 

 

 
e.
 
 

 
Suppliers
 







ANS: 



 5. Which of these is NOT a part of an
organization's general environment?


 

 

 
a.
 
 

 
Technological
 

 

 

 
b.
 
 

 
Economic
 

 

 

 
c.
 
 

 
Competitors
 

 

 

 
d.
 
 

 
Legal-political
 

 

 

 
e.
 
 

 
Sociocultural
 







ANS: 



 6. ____ is a part of Ford's, the U.S. auto
manufacturer, task environment.


 

 

 
a.
 
 

 
Inflation rate
 

 

 

 
b.
 
 

 
Chrysler
 

 

 

 
c.
 
 

 
Securities and
 Exchange Commission (SEC), a government regulating agency
 

 

 

 
d.
 
 

 
Amazon.com, an
 online bookseller
 

 

 

 
e.
 
 

 
Ford's corporate
 culture
 







ANS: 



 7. ____ is a part of an organization's internal
environment.


 

 

 
a.
 
 

 
Its customers
 

 

 

 
b.
 
 

 
Its salespeople
 

 

 

 
c.
 
 

 
The consumer price
 index
 

 

 

 
d.
 
 

 
Its suppliers
 

 

 

 
e.
 
 

 
Its competitors
 







ANS: 



 8. Molly Madison received "The Employee of
the Month" Award at Internal Workings Remodeling Service in April. Molly
would be considered a part of which of these for Internal Workings?


 

 

 
a.
 
 

 
General environment
 

 

 

 
b.
 
 

 
Task environment
 

 

 

 
c.
 
 

 
Economic
 environment
 

 

 

 
d.
 
 

 
Internal
 environment
 

 

 

 
e.
 
 

 
Political activity
 







ANS: 



 9. The ____ of the external environment
represents events originating in foreign countries as well as opportunities for
American companies in other countries.


 

 

 
a.
 
 

 
National dimension
 

 

 

 
b.
 
 

 
Global dimension
 

 

 

 
c.
 
 

 
International
 dimension
 

 

 

 
d.
 
 

 
Japan's dimension
 

 

 

 
e.
 
 

 
U.S. dimension
 







ANS: 



 10. Scientific and technological advancements in a specific industry
as well as in society at large are included in which general environment
dimension?


 

 

 
a.
 
 

 
Sociocultural
 dimension
 

 

 

 
b.
 
 

 
Legal-political
 dimension
 

 

 

 
c.
 
 

 
Economic dimension
 

 

 

 
d.
 
 

 
Technological
 dimension
 

 

 

 
e.
 
 

 
Corporate culture
 dimension
 







ANS: 



 11. Which dimension of the general environment represents the
demographic characteristics, norms, customs, and values of the population
within which the organization operates?


 

 

 
a.
 
 

 
Legal-political
 dimension
 

 

 

 
b.
 
 

 
Economic dimension
 

 

 

 
c.
 
 

 
Technological
 dimension
 

 

 

 
d.
 
 

 
Corporate culture
 dimension
 

 

 

 
e.
 
 

 
Sociocultural
 dimension
 







ANS: 



 12. When Miami Herald launches a Spanish-language newspaper, El
Nuevo Herald, with articles emphasizing Hispanic, Cuban, and Latin American
news and sports, it is responding to changes in ____ environment.


 

 

 
a.
 
 

 
sociocultural
 

 

 

 
b.
 
 

 
technological
 

 

 

 
c.
 
 

 
economic
 

 

 

 
d.
 
 

 
competitors
 

 

 

 
e.
 
 

 
suppliers
 







ANS: 



 13. ____ environment consists of demographic factors, such as
population density.


 

 

 
a.
 
 

 
Technological
 

 

 

 
b.
 
 

 
Sociocultural
 

 

 

 
c.
 
 

 
Legal-political
 

 

 

 
d.
 
 

 
Internal
 

 

 

 
e.
 
 

 
Economic
 







ANS: 



 14. Anyone considering doing business in China, according to Spotlight
on Skills in Chapter 2, should keep in mind all of the following rules except:


 

 

 
a.
 
 

 
Business is always
 personal
 

 

 

 
b.
 
 

 
Don't skip the
 small talk
 

 

 

 
c.
 
 

 
Remember that
 relationships are not short-term
 

 

 

 
d.
 
 

 
Be efficient with
 use of time
 

 

 

 
e.
 
 

 
Make contact
 frequently
 







ANS: 



 15. Which of the following rules, according to Spotlight on Skills in
Chapter 2, is about forging an emotional bond?


 

 

 
a.
 
 

 
Don't skip the
 small talk
 

 

 

 
b.
 
 

 
Business is always
 personal
 

 

 

 
c.
 
 

 
Remember that
 relationships are not short-term
 

 

 

 
d.
 
 

 
Make contact
 frequently
 

 

 

 
e.
 
 

 
Be efficient with
 use of time
 







ANS: 



 16. Lying at the heart of Chinese culture, ____ is a supportive,
mutually beneficial connection between two people.


 

 

 
a.
 
 

 
kaizen
 

 

 

 
b.
 
 

 
ganqing
 

 

 

 
c.
 
 

 
renqing
 

 

 

 
d.
 
 

 
kansei
 

 

 

 
e.
 
 

 
guanxi
 







ANS: 



 17. The general environment dimension that includes consumer
purchasing power, the unemployment rate, and interest rates is called the


 

 

 
a.
 
 

 
legal-political
 dimension.
 

 

 

 
b.
 
 

 
sociocultural
 dimension.
 

 

 

 
c.
 
 

 
technological
 dimension.
 

 

 

 
d.
 
 

 
economic dimension.
 

 

 

 
e.
 
 

 
task dimension.
 







ANS: 



 18. A government inspection has required your company to upgrade the
safety equipment in the manufacturing process of ice creamery. What dimension
of the external environment has influenced these upgrades?


 

 

 
a.
 
 

 
Technological
 

 

 

 
b.
 
 

 
Legal-political
 

 

 

 
c.
 
 

 
Task
 

 

 

 
d.
 
 

 
Sociocultural
 

 

 

 
e.
 
 

 
Economic
 







ANS: 

	

DECISION MAKING GONE AWRY

DECISION MAKING GONE AWRY

Decision Making Gone Awry Sometimes social influences and societal pressures can influence decision making for the better and sometimes for the worse. In addition to these pressures, there are risks that need to be evaluated and measured when making decisions. In this assignment, you will reflect on decisions you made using social influence, persuasion, and risk taking that went awry. Examine a time when you were involved in decision making that went awry as a result of protocols, social norms, or persuasive techniques. If you do not want to use an example from your business or personal experience, you can select a journal article on which you can base your assignment. Here are some key words to help you find an article for this assignment: Decision making Risk taking Persuasion Social heuristics Write a 3–5-page paper in Word format that addresses the following: Describe a decision-making scenario using your business experience, personal decision making or cited journal article; include an example of the decision-making process, describe the risk, and whether persuasion was used. What were the social heuristics? Explain the incentives in this scenario. Were they effective? Identify the risks and the potential decision biases in your scenario. Propose the corrective steps that should have been taken to overcome these biases. If a risk assessment was conducted how did this affect the decision-making process? Analyze your scenario for what happened in terms of social heuristics. Explain how decisions were made and the social factors that shaped the decision-making environment. Discuss the greatest challenges to sound decision-making in your scenario. Critique the decision-making process used by the sponsor(s) and leader(s) of the decision. Identify the mistakes made by the sponsor(s), leader(s), and team members or others impacted by the decision during the implementation of the decision.