The Primary Activities of a Firm Include

question 52

Multiple Choice

The primary activities of a firm include

• A) inbound logistics, operations, outbound logistics, sales and marketing, and service.
• B) inbound logistics, operations, outbound logistics, technology, and service.
• C) procurement, inbound logistics, operations, technology, and outbound logistics.
• D) procurement, operations, technology, sales and marketing, and services.

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

Navigate the complexities of role expectations and conveyance within teams.

Understand the concept of cohesion within groups and its potential negative impacts on decision-making.

Gain knowledge about structured group decision-making approaches and their methodologies.

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Definitions:

Responsibility

The obligation to carry out tasks, make decisions, and be accountable for their outcomes.

Existential Concept

An idea related to existentialism, focusing on human freedom, choice, and the search for meaning in an inherently meaningless world.

Freedom

The power or right to act, speak, or think as one wants without hindrance or restraint.

Responsibility

The obligation to bear the consequences of one's actions, and the moral duty to act in accordance with expectations of the role or situation.