According to the text, the self-absorption criterion is probably the biggest cause of international business blunders.

a. true
b. false

Ans: b. false

Business

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When group members are reciprocally interdependent, managers are advised to keep group size relatively small because of the necessity of ______.

A. reducing product prices B. coordinating team members' activities C. groupthink D. reducing costs and member time

Business

The last four weekly values of sales were 80, 100, 105, and 90 units, respectively. The last four forecasts (for the same four weeks) were 60, 80, 95, and 75 units, respectively. Calculate the MAD, MSE, and MAPE for these four weeks

Sales Forecast Error Error squared Pct. error 80 60 20 400 .25 100 80 20 400 .20 105 95 10 100 .095 90 75 15 225 .167

Business