When GE Was Deciding Whether to Make or Buy Washing

question 64

Multiple Choice

When GE was deciding whether to make or buy washing machines, which of the following models of decision making did it use?

• A) Rational
• B) Carnegie
• C) Incrementalist
• D) Unstructured

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Definitions:

Mechanical Pencils

Writing instruments that use replaceable and mechanically extendable solid pigment cores, known as leads, to provide a consistent line width without the need for sharpening.

Felt-Tip Pens

Writing instruments that have a porous tip made of felt or similar materials, used for drawing or writing.

Cross-Price Elasticity

The degree to which the demand for one commodity reacts to alterations in the pricing of another commodity.

Cross-Price Elasticity

A measure of how the quantity demanded of one good responds to a price change of another good.