Collectively exhaustive - Study guides, Class notes & Summaries

MECE - ANSWER--Mutually Exclusive (each issue is separate & distinct) Collectively Exhaustive (every aspect comes under only one issue) -McKinsey Tool --know all the facts/details -guard against making early selection of solutions before all other facts are known Mother City - ANSWER--Caral, Peru; "mother city" of Incan civilization -complexity and scope -hierarchy of living arrangements -served as a major trade area --> rise of class divisions Transaction Costs - ANSWER--Wil...

WPC 300 Exam Questions Verified Marking Scheme New Update What step of the bullet proof problem solving helps avoid making common decision-making biases? - Answers - Step 4: Build a work plan and time table Primary focus of managerial skills in 1970's - Answers - Focus on strategy Problem solving technique used for prioritization - Answers - Pruning Steps of Bullet Proof Problem Solving - Answers - Define problem, Disaggregate, Prioritize, workplan, analyze, synthesize, communicat...

ARE 112- Midterm 1 Exam Questions & Answers 2023/2024 MECE - ANSWER--Mutually Exclusive (each issue is separate & distinct) Collectively Exhaustive (every aspect comes under only one issue) -McKinsey Tool --know all the facts/details -guard against making early selection of solutions before all other facts are known Mother City - ANSWER--Caral, Peru; "mother city" of Incan civilization -complexity and scope -hierarchy of living arrangements -served as a major trade area --> r...

Optimizing - ANSWER-Developing a strategy to choose the best option MECE - ANSWER-Mutually exclusive, collectively exhaustive Classical management - ANSWER-Focuses on productivity, efficiency, and output of workers- broken up into Scientific management & bureaucracy Scientific management - ANSWER-Taylorism. Designing jobs with standards leading to efficiency, selecting workers to fit the job design, training workers to fit the design. Bureaucracy - ANSWER-Division of labor, hierarchy...

Optimizing - ANSWER-Developing a strategy to choose the best option MECE - ANSWER-Mutually exclusive, collectively exhaustive Classical management - ANSWER-Focuses on productivity, efficiency, and output of workers- broken up into Scientific management & bureaucracy Scientific management - ANSWER-Taylorism. Designing jobs with standards leading to efficiency, selecting workers to fit the job design, training workers to fit the design. Bureaucracy - ANSWER-Division of labor, hierarchy...

What step of the bullet proof problem solving helps avoid making common decision-making biases? - Answer-Step 4: Build a work plan and time table Primary focus of managerial skills in 1970's - Answer-Focus on strategy Problem solving technique used for prioritization - Answer-Pruning Steps of Bullet Proof Problem Solving - Answer-Define problem, Disaggregate, Prioritize, workplan, analyze, synthesize, communicate Five Whys Technique - Answer-A form of root cause analysis populariz...

random variable - answervariables whose outcomes are uncertain and can have different values how to develop probability distributions - answer1) identify all possible outcomes 2) calculate probabilities for all possible outcomes collectively exhaustive - answeraccount for all possibilities

MECE - -Mutually Exclusive (each issue is separate & distinct) Collectively Exhaustive (every aspect comes under only one issue) -McKinsey Tool --know all the facts/details -guard against making early selection of solutions before all other facts are known Mother City - -Caral, Peru; "mother city" of Incan civilization -complexity and scope -hierarchy of living arrangements -served as a major trade area --> rise of class divisions Transaction Costs - -Williamson interview -c...

WPC TEST QUESTIONS WITH CORRECT ANSWERS Which of the following logic tree starts with sub-elements on the left and the problem statements to the far right? - Answer- inductive logic tree Which of the following are not examples of measures in a multi-dimensional analysis: - Answer- Time period Company A wants to get back to profitability and in pursuit of achieving profitability, they defined the problem statement as "Reduce our operating costs". Which of the options below is the be...

Bill of Rights (4) correct answers • To make sure Federal Government *doesn't become too powerful and encroach individual rights*. • 1st 10 amendments to the constitution. • Adopted almost *immediately after* the *constitution was ratified*. • Blanace against he power of the government. *(checks and balances)*. Commerce Clause correct answers • Serves as the *basis for upwards of 80% of all federal law that is passed*. • Article 1 section of constitution. • "Regulate comm...