Marley Corporation Makes Three Products (X, Y, & Z) with the Following

question 16

Multiple Choice

Marley Corporation makes three products (X, Y, & Z) with the following characteristics: The company has a capacity of 2,000 machine hours, but there is virtually unlimited demand for each product. In order to maximize total contribution margin, how many units of each product should the company produce?

• A) 2,000 units of X, 500 units of Y, and 200 units of Z
• B) 0 units of X, 0 units of Y, and 200 units of Z
• C) 0 units of X, 500 units of Y, and 0 units of Z
• D) 1,000 units of X, 0 units of Y, and 0 units of Z

Understand the concept of groupthink and its impact on team decision-making.

Identify and apply effective team management and conflict resolution skills.

Recognize the importance of clear responsibilities and ground rules in team success.

Differentiate between successful and less successful team behaviors and strategies.

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Definitions:

Strategic Planning

Those activities that lead to the statement of goals and objectives and the choice of strategy.

Organizational Vision

A forward-looking statement or declaration that outlines what an organization aims to achieve or become in the future.

Management Openness

The degree to which managers are approachable and willing to listen to feedback and ideas from employees.

Relationship-oriented Attitudes

Perspectives or beliefs that prioritize the importance of interpersonal connections and communication in a \group or organization.