Which of the following is true about group decision making?
A) Groups tend to foster equal participation in decision making.
B) The pressure to conform is low when working in groups.
C) Groups take more time to arrive at a decision.
D) Groups usually make decisions based on incomplete information.
Answer: C
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If the volatility of the daily cash flows decreases, a firm will:
A) increase the cash balance. B) increase the return point. C) not change the cash balance. D) decrease the cash balance.
A recent Consumer Reports study analyzed flat-screen TVs and found that the average performance rating for all TVs tested was 80 with an average price of $340
Clarence flat-screen TV has a perceived customer value of 30, and relative performance of 112. What is the relative cost of purchase for a Clarence flat-screen TV? A) 11.34 B) 340 C) 33.6 D) 82 E) 120