A difficult aspect of using spreadsheets to solve management science problems is:
A) obtaining the solution to standard management science problems.
B) data entry.
C) performing sensitivity analysis.
D) setting up a spreadsheet with complex models and formulas.
Answer: D
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A monetize strategy differs from a harvest strategy in that a monetize strategy ________
A) is a defensive strategy B) manages prices and marketing resources in a way that maximizes cash flow without exiting the market C) is used for maximizing profits and cash flow as a business slowly exits a product-market D) protects an attractive market position in which the business dominates with respect to competitive position E) is a strategy for exiting a market by selling or closing down the business or eliminating the product
Profit sharing plans and employee stock option plans are incentives on what level?
A) individual B) group C) companywide D) executive