A Manager Has the Task of Collecting and Analyzing Data

question 54

Multiple Choice

A manager has the task of collecting and analyzing data that will help the firm decide where to locate its international operations.Which of the following BEST describes how the manager should handle this task?

• A)conduct extensive research, regardless of the expense, in order to avoid costly mistakes
• B)compare the costs of data collection with the probable payoff it will generate for the firm
• C)continue data gathering until all data have been collected, regardless of how long this takes
• D)focus all data collection on governmental resources because they have the highest reliability

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Definitions:

Group Members

Individuals who belong to a specific group and contribute to its collective identity, goals, and dynamics.

Benne and Sheats's Typology

A classification of group roles into three categories: task roles, social roles, and individual roles, devised by Kenneth Benne and Paul Sheats.

Task Roles

Defined roles within a group that are directly related to the accomplishment of group objectives, including positions like initiator, information seeker, and summarizer.

Balance Theory

A psychological theory suggesting that individuals strive for consistency in their relationships and perceptions of others.