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1. Briefly summarize Simon’s principle of bounded rationality as it applies to satisficing.
2. The terms consideration and initiating structure emerged from the Ohio State studies. Explain what these terms mean in relationship to leadership.
3. Explain the difference between positive and negative reinforcement.
4. Define the term system as it relates to management. What is the difference between an open and a closed system?
5. In one sentence each, describe the five basic management tasks.
6. Describe how a manager would use the critical-incident appraisal method for assessing an employee.
7. What is the difference between group norms and group cohesiveness? Give a simple example of each concept
A manager receives a forecast for next year. Demand is projected to be 600 units for the first half of the year and 900 units for the second half. The monthly holding cost is $2 per unit, and it costs an estimated $55 to process an order. Assuming th..
What order quantity would you use if the objective is to minimize total annual costs of holding, purchasing, and ordering? Assume ordering cost is $80/order.
Plaintiff, an attorney and shareholder in a law firm professional corporation, filed suit against his partners on a shareholder oppression theory in this small closely held corporation. He asserted that as a minority shareholder, the majority engaged..
Determine how, if possible, international trade-related organizations can assist this expansion effort in the country of choice. If international trade-related organizations will not be helpful, justify this situation.
identify a company with which you are familiar. this could be your place of employment a car wash a yard service
A major producer of passenger tires has launched an advertising campaign in which it is trying to market windshield wipers to the public under its brand name, which has been highly successful in the passenger tire market. Explain why the passenger ti..
The value chain priorities can be quite different for firms taking different business strategies. Create examples of value chains for three firms: one using cost leadership, another using differentiation, and a third using an integration business-..
A project to remodel a garage has the following activities. (Hint: You will need to build an AIB/AON diagram, perform a forward pass, and perform a backward pass to answer this question.) What are the critical path activities? What is the project's s..
Clearly organizations can do better in managing change. Using your knowledge of change management gained in this class, discuss the following points.
Always Rain Irrigation, Inc., would like to determine capacity requirements for the next four years. Currently two production lines are in place for making bronze and plastic sprinklers. Three bronze machines and only one injection molding machine ar..
A manufacturer of thermostats uses a kanban system to control the flow of materials. The packaging center processes 10 thermostats an hour and receives completed thermostats every 30 minutes. How many kanbans are needed for the packaging center? If m..
Correlational coefficients are commonly used measures one encounters in behavioral science research papers and scholarly publications. Correlation coefficients...
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