Explain when is it better to use an individual approach vs. a group approach when making decisions?
The individual decision making will be preferred in the below-mentioned situation over the group decision making:-
The situation where the decision making is promptly required as in the case of group decision making, it takes a lot of time.
Individual decision making will be preferred in those situations where accountability has to be fixed
In the situation where the decision maker or the manager is the highest authority to take a decision and the outcomes will be unaffected by the inputs of any other individual
Individual decision making is preferred where time, money and efforts are to be saved.
Explain when is it better to use an individual approach vs. a group approach when making...
This assignment will guide you through the process of making policies, enabling you to better understand the multiple levels in policy-making decisions. Respond to the following: Explain checks and balances when it comes to policy making.
What are the strengths and weaknesses of group versus individual decision making? (Give an original answer and explain with much detail).
Economists use the concept of indifference curves to analyze individual decision-making. Our text uses them to evaluate the choices that individuals make when choosing between various goods, and when choosing between work and leisure. Discuss other decisions that indifference curves may be helpful in analyzing. Can you think of circumstances and choices that would produce extremely shaped indifference curves? If so, describe them and explain why you think they would take extreme forms.
When making selection decisions, the size of the selected group can affect the potential for accumulating inbreeding. To avoid inbreeding and improve selection response even with a small selected group, one of these options would work better than the others... Question 15 options: 1) Select the best and smallest selected group you can get away with and avoid matings between relatives within this small group 2) Avoid selecting any relatives so random mating cannot possibly result in an increase in...
Explain the CM approach and its advantages. Would the CM approach better assist management in ensuring that all costs will be covered? I think that under absorption costing, FC would become inventoriable and thus buried when production exceeds sales. Conversely, under the CM approach, FC are treated as period costs, and thus it is less likely to overstate profits. What are your thoughts on this topic?
When managers are making resource utilization decisions, the general rule is to: Group of answer choices minimize the use of the constrained resource. maximize the contribution margin per unit. maximize the contribution margin per unit of the constrained resource. minimize the contribution margin per unit. None of the answer choices is correct.
List the steps used in making decisions Explain the use of the nursing process .
Describe the cost-benefit analysis an individual should use when trying to decide whether or not to invest in general on-the-job training. Explain why these decisions may differ for women versus men. Graphical analysis is strongly encouraged
Explain ‘Rule-based vs. Principle-based‘ approach in setting accounting standard - Show the benefits of each approach - Any kind of problem in adopting those approaches.
Which is FALSE about the "true structure" of a molecule vs individual resonance forms? (Assume there are two or more plausible resonance forms) Group of answer choices 1. The true structure is not exactly the same as any of the resonance forms. 2. The true structure is closest to the "best" resonance structure. 3. We can usually discern from examining the individual resonance forms which is qualitatively better or worse than the other (or if they are identical). 4. The...