Numann Manufacturing Is a Private Company That Makes Thermometers for Monitoring

question 17

Multiple Choice

 Numann Manufacturing is a private company that makes thermometers for monitoring the temperature of meat when it is in storage.It employs 23 people and only 5 of them have degrees in engineering or other technical fields.What can you infer about the effect of organization-specific factors on buying decisions in the company? 

• A) Because of its size, Numann Manufacturing will tend to use joint decision making.
• B) The technical orientation of its employees will have little effect on decision-making process.
• C) In spite of its technical orientation, the marketing department will control most purchase decisions for the company.
• D) Because of its size, Numann Manufacturing will tend to use autonomous decision making.

---

Definitions:

Prospectus

A formal legal document that is required by and filed with securities regulatory bodies to provide details about an investment offering for sale to the public.

Broker

An individual or firm that acts as an intermediary between buyers and sellers, typically in financial or real estate transactions, facilitating deals in exchange for a commission or fee.

Share Options

Rights granted by a company to its employees or directors to buy shares in the company at a fixed price for a limited period.

Exercise Price

The price at which an option holder can buy (call option) or sell (put option) the underlying asset or security by a predetermined date.