Justify the following statements by giving appropriate reasoning. The phenomenon of Groupthink restrains a group’s performance, resulting in poor decision outcomes.
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. Justify the following statements by giving appropriate reasoning.
- The phenomenon of Groupthink restrains a group’s performance, resulting in poor decision outcomes.
- An SBU that has a large share of a slow-growth market is dubbed as a “Cash Cow”.
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- Give an example of a group that is harmed by unanticipated inflation and explain why that inflation harms the group. Now give an example of a group that is helped by unanticipated inflation and explain how that inflation helps the group.how does break-even analysis act as a decision-making tool for business? elaborateWhich Nonrational decision making model does Byford employ? How?
- Manuel has created a housecleaning robot that generates all the power it needs to operate. Even if it succeeds, a new-to-the-world product is Multiple Choice typically very short-lived generally not profitable. not subject to the law of first movers. not capable of creating new markets. not adopted by everyone at the same time.Doing nothing would yield how much profit if favorable market conditions prevail according to the following decision if favorable create $20000 and if not favorable had outcome of -$10000 , find a. $20,000 b. $5,000 c. $0 d. -$10,000You work in a small coffee shop. The shop sells primarily three items: brewed coffee drinks, whole bean/ground coffee, and pastries. The shop owner has asked you to gather data on sales of the product mix. There has been discussion of whether the pastries are profitable and should they be discontinued. To complicate the matter your friend would like to sell pastries to the coffee shop and you would like the friendship to blossom into a closer relationship. After collecting the information, you learn that while the pastries are indeed not profitable, but they contribute to covering the overhead costs. And the customer draw potential of the pastries has not been tested. What do you recommend to the owner?
- which type of cost do you prefer that usefulness in managerial decision-making?Investors and other financial market participants act in a less than fully rational fashion due to cognitive limitations, overconfidence, and emotions. on the other hand, other investors and other financial market participants who act in a more rational fashion may take advantage of the valuation mistakes made by irrational investors. Discuss comprehensively; the cognitive limitations, how these limitations affect investors' Decisions, which limitation has a greater impact on the investor's decisions, the different levels of investors rationality, and How rational investors take advantage of the valuation mistakes made by irrational investorsIs it not enough for a company to analyze its own strengths and weaknesses? Justify your answer.
- Mother Bird - CEO Baby Bird (Piperr) — A businessman trying to start up a business. Crab - veteran investors. Wave - competitors Shells product Other birds - consumersAccording to our study of microeconomics, what does the term "Fallacy of Composition" mean? A) None of the above. B) That you should trust in luck. This is part of the free market theory. C) If two things correlate with each other, then one factor must be causing the other factor to change. D) What is true or good for me is obviously true and good for everyone else. [ dont use chatgpt i will 3 upvot]Kimberly says that shee needs to hold a Code of Ethics workshop for her team. What is a Code of Ethics? Multiple Choice 1. an internal process for promoting ethical and legal behavior 2. an internal incentive program for boosting sales 3. a marketing plan to launch a company into new technologies 4. a point of sale system