When Managers Selectively Withhold Information and Consciously Arrange Events to Increase

question 119

True/False

When managers selectively withhold information and consciously arrange events to increase the chance that a change will be successful, co-optation has taken place.

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Definitions:

Direct Materials

Raw materials that are directly incorporated into a finished product and can be easily traced to it.

Discretionary Fixed Costs

Discretionary fixed costs refer to fixed costs that can be altered in the short term by current managerial decisions, such as advertising or research and development expenses.

Management Decisions

These are choices made by the executives of a company affecting its direction and operation.

Planning Horizon

The future time period over which plans are made and resources are allocated.