When the president of Smithson Corp. proposed a new product for launch, his board of directors readily accepted his proposition without considering the risks. This is an example of _____.

Answers

Answer 1

If the board of directors readily accepted his proposition without considering the risks. This is an example of  groupthink.

What is groupthink?

Groupthink occur when a group of people tend to all accept a conclusion or an opinion that was made without considering whether the viewpoint they accepted was risky or good.

Based on the given scenario the board of directors  accepting the new product that was independently proposed by the president without considering the risks is an example of groupthink.

Inconclusion If the board of directors readily accepted his proposition without considering the risks. This is an example of  groupthink.

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Related Questions

At the drive-up menu for his favorite fast food restaurant, Jake notices the menu is listed in categories: breakfast items, lunch items, dinner items, and dessert items. Why would the fast food chain organize its menu in this way?

Answers

The fast food chain organizes its menu by categories to make it easier for customers to relate to categories based on the time of day they are purchased.

What is the Customer experience?

It can be understood as the cognitive, sensory and psychological responses that will guide consumer behavior in the stages:

Pre-purchaseConsumptionPost-purchase

Therefore, it is essential that an organization thinks about every detail of the business that will create a positive experience for the consumer, generating value and increasing market positioning.

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What are the cash flows involved in the purchase of a 5-year zero coupon bond that has a par value of $1,000 if the current price is $800? Assume the market rate of interest is 5 percent.

Answers

The  cash flows involved in the purchase of a 5-year zero coupon bond is: Pay $800 today and receive $1000 at the end of 5 years.

What is Cash flows

Cash flows can simply be defined as the inflow and outflow of cash in an organization.

Given:

Par value=$1,000

Current price=$800

Market rate of interest=5%

If the market rate of interest is 5% the cash flow involved in the purchase will be to pay the amount of $800 today (Present value) and receive the amount of $1,000 (Future value) at the end of 5 years  reason being that zero coupon bonds do not pay interest periodically.

Inconclusion the  cash flows involved in the purchase of a 5-year zero coupon bond is: Pay $800 today and receive $1000 at the end of 5 years.

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How frequently is the survey that determines unemployment released?.

Answers

The survey that determines unemployment is released every month

The survey that determines unemployment i

Generally, the survey that determines unemployment is collected every month in the Current Population Survey

In the USA,data is collected form 60,000 homes, this  Census is  done every month

Therefore,  the survey that determines unemployment is released every month

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What‘s a zero-based budget, and why is it important?.

Answers

Answer:

A zero-based budget is the most efficient and useful way of budgeting because it makes you thin about how every dollar that you make is going to be spent so that you don't blow it all on unnecessary stuff. It is important because it allows you to not blow your money on wants instead of spending it on needs.

Explanation:

It should be right because I'm learning about it right now in Finance. Hope it helps! Plz give brainliest. Also, plz sub to Kgirl633 on yt.

Termites have a protozoan symbiote in their gut that breaks down the cellulose in wood, allowing the termite to obtain nutrients from the wood while the protozoan is protected from the external environment. Therefore, the termite and the protozoan are:______________

Answers

The termite and the protozoan are Inseparable.

What is protozoan?

Single-celled organisms are called protozoa. They appear in a wide variety of sizes and shapes, ranging from the flexible amoeba to the fixed-shaped, intricately arranged unicellular organism.

Therefore,

Termites have a protozoan symbiote in their gut that breaks down the cellulose in wood, allowing the termite to obtain nutrients from the wood while the protozoan is protected from the external environment. Therefore, the termite and the protozoan are Inseparable.

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A rule that requires developers to provide purchasers with written comprehensive property reports and disclosures with a sales contract is created by the A) Georgia Time-Share Act. B) Georgia Land Sales Act. C) Condominium Declaration. D) Georgia Condominium Act.

Answers

Georgia Condominium Act is the law that requires developers to present purchasers written documents of all their agreement about the property involved.

Georgia Condominium Act?

Georgia Condominium Act is a rule that requires developer to give a written document contains the terms surrounding the purchase and sale agreement on the property between between the parties involved. All relevant information about the property and the financial cost , deadlines are stated in the documents plus every other necessary agreements. individuals.

Therefore, Georgia Condominium Act. is the law that requires developers to present purchasers written documents of all their agreement about the property involved.

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Gomer decides to spend an hour playing basketball rather than studying. His opportunity cost is: Group of answer choices

Answers

          Gomer's opportunity cost is the benefit to his grades from studying for an hour.

What is an Opportunity cost?

The opportunity cost of an item or a decision taken is based on the concept of the loss of other alternatives when one decision is made out of those other alternatives.

From the given information, Gomer has two alternatives;

To play basketball, or To study

The inability for Gomer to see the brighter side of studying but rather choose to play basketball for an hour has a detrimental effect on his academics.

Therefore, it would be better if Gomer studied for an hour because the opportunity cost is the benefit to his grades from studying for an hour.

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Money has time value because: _______________

a. people prefer to sell things later rather than today.
b. people do not require compensation for deferring consumption.
c. people can earn interest on money that is invested.
d. people prefer to receive money tomorrow than today because it is worth more.

Answers

Answer:

We can try to get a lot of money for family to stay comfortably in future.

Money has time value because people prefer to receive money tomorrow than today because it is worth more. Hence, option D is the correct answer.

The statement "money has time value" refers to the concept that the value of money can change over time. Time value of money recognizes that a dollar received today is generally considered more valuable than receiving the same dollar in the future. There are several reasons for this:

Opportunity CostInflationRisk and Uncertainty

The time value of money recognizes that receiving money today allows individuals to benefit from opportunities, mitigate the impact of inflation, and have greater control and certainty over its use.  

Therefore, option D is the correct answer.

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The purpose of _____ is to set goals and decide on the courses of action that will be used to achieve them.

Answers

Answer:

Planning

Explanation:

I think is the answer lmk if its wrong:)

Answer:

Planning

Explanation:

If a wine company decides to focus its specialty of creating its products to rely on other business partners to fill in the supply chain gaps, which strategy is this wine company creating?.

Answers

When a wine company focuses on creating products while relying on other business partners to fill in the supply chain gaps, it is creating b. a channel strategy.

What is a channel strategy?

A channel strategy involves the use of the commerce chain to reach the end-users of the wine company's goods.

The company is not using a marketing strategy, which is broader in outlook nor a pricing strategy, which is one of the marketing strategies.

Answer Options:

a. a marketing strategy

b. a channel strategy

c. a pricing strategy

Thus, the wine company is using a channel strategy so that it can concentrate on its specialty of creating unique products instead of directly reaching out to consumers.

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A retired couple tells a real estate agent that they want to find a home close to medical facilities and a senior citizens center. On which of the five major factors influencing the choice of property location is the couple basing this request?

Answers

The major factor influencing the choice of property location is the couple basing the request on Social services.

What is Social services?

These are services that provide support and assistance to disadvantaged people such as elderly and physically challenged.

The retired couple wanting to be close to medical facilities and a senior citizens center means that social services was greatly considered in their choice of location.

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Identify the stage of the rational decision-making process illustrated by the situation. Your goal was to capture at least 25% market share by the end of the year, but with six months to go you have only 15% market share.
Identify the problem
State the situational goal
Generate alternatives
Read this brief case study and answer the question that follows.
CASE STUDY
Your candy making company is at a crossroads. You have maxed out your current production capacity, but think that there may be a new opportunity in custom fruity nut caramel clusters that could be very profitable to the company. You think through your options, and decide that you would like to expand your company to include this high potential new product.
As the production line for the custom fruity nut caramel clusters is being implemented you realize that if you do it slightly differently than you originally decided you can produce 10% more candy every hour.
Choose an alternative
Evaluate alternatives
Control
Although you thought that paying high performers significantly more than low performers best motivated your employees, when you looked at the data you found that wide disparities in pay actually weakened trust among team members and the social connectivity that contributes to strong team- based decision-making.
Alternative generation
Choose an alternative
Evidence-based management

Answers

1. The stage of the rational decision-making process illustrated by the situation is B. State the situational goals.

What is rational decision-making?

Rational decision-making involves the following seven steps:

Identify the decision (state the goals)Gather relevant informationIdentify the alternativesWeigh the evidenceChoose among the alternativesTake actionReview your decision.

What is a situational goal?

A situational goal concentrates on assessing individuals for their strengths, skills, and levels of maturity in achieving stated the goal.

Thus, stating the situational goals is one of the stages of the rational decision-making process.

2. When the candy-making company comes to a crossroads, with an expansion decision that changes midway, what you are doing is C. Control.

What is Control in Management?

In management, control checks errors so that corrective actions are taken timely.

Implementing this function of management helps the organization to avoid deviations that can ruin the attainment of its goals.

3. Discovering that paying high performers significantly more than low performers weakened team trust and the essential social connectivity that contributes to strong team-based decision-making, means that you are using C. Evidence-based management style.

What is evidence-based management?

Evidence-based management helps managers to embark on critical evaluation of the following factors concerning the evidence:

ValidityGeneralizabilityApplicability.

Thus, the rational decision-making process involves choosing the best solution to a problem.

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In supporting their local economic base, cities may at times incur expenses from doing business with entities located outside of their local community (e.g., in cities with high tourist activity, souvenirs are likely to come from low-wage countries). These expenses are an example of ______ from the local economy.

Answers

When cities incur expenses by doing business with entities outside of their economic base, these are called Leakages.

What are leakages?

These refer to the flow of cash and resources out of a local economy to other economies.

When cities engage in business with entities from outside their economy, they would be passing on cash to those entities. This cash would therefore leave the local economy which makes it a leakage.

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Top management sets the vision for the organization and may work with others to establish a mission statement that outlines its.

Answers

Top management sets the vision for the organization and may work with others to establish a mission statement that outlines its product or service offering.

What is product offering?

Product offering is a group of platform features which work together in order to deliver a specific value proposition for the end user. It is designed to deliver value to customers in terms of fulfilling their needs.

With regards, to the above, after top management have made their vision and mission known to the organization, the next step is to outline the company's product or service offering.

Hence, top management sets the vision for the organization and may work with others to establish a mission statement that outlines its product or service offering.

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Answer:

product or service offering

self-concept

Explanation:

The Luminarium Corporation has a market capitalization of $100,000,000, and each share is worth $100. How many outstanding shares of Luminarium Corporation are there

Answers

The number of outstanding shares of Luminarium Corporation in the market share is 1,000,000 shares.

What is an outstanding shares?

An outstanding shares refers to the number of a firm's shares that is traded on the secondary market.

Outstanding shares = $100,000,000/$100 per share

Outstanding shares = 1,000,000 shares

In conclusion, the number of outstanding shares of Luminarium Corporation in the market share is 1,000,000 shares.

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One of the challenges Uniqlo faced when moving to large cities in the United States was the expense of maintaining a building location in a downtown area that would be big enough to house all of the products it wanted to sell. This is an issue with:

Answers

The issue above, where expense of maintaining a building location in a downtown area serves as challenge that was faced by Uniqlo can be attributed to Capital requirements.

What is Capital requirements?

Capital requirements  can be regarded as the  regulatory standards for banks, and this put them on check about  how much liquid capital they must keep on hand.

 Capital requirements  is been used as a tool to tighten an economic  after recession.

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A country that does not implement quotas on imported products and does not limit what its citizens can produce and sell to another country is practicing _____.

Answers

A country that does not implement quotas on imported products and does not limit is practising free trade.

What is free trade?

Free trade refers to an agreement between two or more countries, who come together to promote trade relation among themselves. These countries remove barrier or policies that could hamper import and export among member countries.

One of the advantages of free trade is that there is economic efficiency. This is because member countries are able to trade among themselves with any trade restriction.

Hence, a country that does not implement quotas on imported products and does not limit is practising free trade.

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Seth's Speakers had actual sales of $1,630,000 If break-even sales equals $935,000, Seth's margin of safety in dollars is ______.

Answers

Answer: $695,000

Explanation:$1,630,000-$935,000 = $695,000

Estimates of current rates of extinction:_____________
A) indicate that we have reached a state of stable equilibrium in which speciation and
extinction rates are approximately equal.
B) suggest that one-half of all animal and plant species may be gone by the year 2100.
C) indicate that rates may be greater than the mass extinctions at the close of the Cretaceous period.
D) indicate that only 1% of all of the species that have ever lived on Earth are still alive.
E) suggest that rates of extinction have decreased globally.

Answers

It is to be noted that the current rates of extinction as relates to certain animals and plants species show the rates to be higher than the mass extinctions at the end of the Cretaceous Period.

What is the rate of extinction?

Rates of extinction simply refer to how quickly species are becoming non-existent.

The rates are said to be on the average of 100 E/MSY. In 2020 for instance about 15 species (according to IUC) were declared extinct.

E/MSY is Extinctions per Million Species-Years. The correct answer, thus, is C.

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Question 7 of 10
What is the main disadvantage of overdraft protection?
A. Banks usually charge a fee when it is used.
B. Banks take several days to process the transaction.
C. It keeps a check from being returned due to insufficient funds.
D. It requires customers to maintain a positive account balance.

Answers

Answer:

b because I would say in am 72% sure I am right

When a firm goes bankrupt, shareholders ______. Multiple choice question. can sue for loses cannot recover their risk capital are entitled only to a fraction of their investment are entitled to help pay off debtors owed money by the firm

Answers

In a case whereby a firm goes bankrupt, shareholders cannot recover their risk capital.

This is because they have loose alot in the investment.

What is Bankruptcy?

Bankruptcy  can be explained as legal process in which an organization that cannot repay debts to creditors may seek relief debts.

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3.18 The diamond flowcharting symbol is also called the __________ symbol. a) determination b) derision c) declarative d) decision

Answers

Answer:

d) decision

Explanation:

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The process of leaving your money and any accumulated interest in an investment for more than one period, thereby reinvesting the interest, is called:.

Answers

Compounding is the process of  leaving your money and any accumulated interest in an investment for more than one period, thereby reinvesting the interest.

What is compounding?

This can be explained to be a situation where the interest that is made from a sum of money is added into the principal sum of money and reinvested.

The initial principal amount and the interest made after a period when added together is regarded as compounding.

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Steve can bake either 4 loaves of bread or 8 dozen cookies a day. Sarah can bake either 4 loaves of bread or 4 dozen cookies a day.
a. Show the production possibilities frontiers for Steve and Sarah
b. Suppose trade is not allowed between Steve and Sarah and as a result, both Steve and Sarah spending half a day (12 hours) baking bread and the other half a day baking cookie. Show both the production and consumption bundles for Steve and Sarah on their respective PPFs, when trade is not allowed between Steve and Sarah.
c. Show, using production possibility frontiers in (a), that Steve and Sarah would be better off specializing in their baking activities and then trading, rather than baking only for themselves. Be specific and state the production and consumption bundles with trade

Answers

The production possibility frontier (PPF) of both Steve and Sarah per day is given in graph A.

Production and consumption bundle of Steve and Sarah on their respective PPF when trade is not allowed is given in graph B

Consumption of steve:

2 Loaves of bread and 6 cookies

Consumption of sarah:

2 Loaves of bread and 2 cookies

The opportunity cost of baking bread for steve:

4 Bread = 12 cookies

4 : 12

= 1 : 3

So,

1 Bread = 3 cookies

The opportunity cost of baking bread for Sarah:

4 Bread = 4 cookies

4 : 4

= 1 : 1

So,

1 Bread = 1 cookies

The opportunity cost of cookies for steve:

12 cookies = 4 Bread

3 cookies = 1 bread

1 cookie = 1/3 bread

The opportunity cost of cookies for Sarah:

4 cookies = 4Bread

1 cookies = 1 Bread

Recall, the lower the opportunity cost, the higher the comparative advantage

Therefore,

Steve has a comparative advantage in producing cookies while Sarah has a comparative advantage in producing bread

Before trade:

Total consumption = 4 Bread 8 cookies

After trade:

Total consumption = 4 Bread 12 cookies

In conclusion, the economy is better off

What is production possibility frontier?

The production possibility frontier also known as the production possibility curve is the graphical representation of possible combination of goods that can be produced by a producer at a particular time with the available resources.

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Chris and Nick hope to qualify for an FHA loan. Their lender calculates their housing ratio as 33% and their total debt obligation as 43%. Their credit score is 620. Do they qualify under FHA underwriting guidelines

Answers

Yes I ahreees with you

According to the CVP analysis model and assuming all else remains the same, profits would be increased by a(n) ______. Multiple choice question.

Answers

Answer:

decrease in the unit variable cost

Explanation:

-Decide if there is a change in demand or just a change in the quantity demanded (movement along the demand curve). Graph the items in the ( )
-If there is a shift in demand state reason for the shift
-Graph each situation and use arrows to illustrate whether demand curve shifts right or left and whether the quantity demanded increases or decreases.

1.The price of gasoline falls (new automobiles)

2.The consumer income rises (new automobiles)

3.the price of pork falls. (Pork and chicken)

4. Household water rates rise (“desert plants”: drought tolerant for landscaping)

5. Pick up stix prices to rise next week (pick up stix food)

6.unemployment rate decreases (Disneyland passes)

7. Tariffs added on imported wine (imported & American wine)

8. Lindsey Lohan is seen wearing a rebel yell sweatshirt (rebel yell shirt)

9. Cream cheese experiences an increase in price (bagels)

10.new reports state Starbucks teas are good for your heart (Starbucks tea)

Answers

As the price of gas goes up, The buying and operating a car is said to be very expensive and as such, the demand for cars to decrease.

What is Demand?

The definition of Demand in terms of economics is simply known as the zeal or willingness of a consumers and their ability to buy or consume a given goods/services.

The determinants of demand are: Income Price of related goodsTastes and preferences

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Gina Baccardi is an accounting intern working under the tax accountant for Starlight Fashions, a clothing manufacturer, in New York City. Gina’s salary would be classified as

Answers

Since he is working as a tax accountant for Starlight Fashions which is a clothing manufacturer, his salary would be classified as period cost..

What is period cost?

In preparation of financial account, a period cost refers to a cost that cannot be capitalized into prepaid expenses, inventory, fixed assets etc

In conclusion, because works as a tax accountant for the clothing manufacturer, his salary would be classified as period cost.

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What inventions need to be made?
What difference will they make

Answers

Answer:

A nice invention that'd be nice for it to be made would be Anti Polluting Machines they purify the air all over the world ending majority of diseases that could spread throughout the world. Which would make earth a Healthier planet to be on.

Answer:

I think a Dream Recording Device needs to be made

Explanation:

The average person has between 4-7 dreams per night. But most of them are not remembered, or forgotten moments after waking. So wouldn’t it be nice to be able to record your dreams and play them back in 3D High Definition the next day?

write the necessary steps that need to be followed in maketing​

Answers

There are nine major steps required to develop a well-crafted, strategic marketing plan: set your marketing goals, conduct a marketing audit, conduct market research, analyze the research, identify your target audience, determine a budget, develop specific marketing strategies, develop an implementation schedule for ...
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