Scenario C: Ricardo Is the Lead on a New Project

question 52

Multiple Choice

Scenario C: Ricardo is the lead on a new project at work,and it is essential that he make a good impression on top management.He recently had his first staff meeting to solve a fairly large problem with the project,and it did not go well.The whole staff of 10 was there,which he thought would lead to buy-in from the group.Instead the group did not get much done in that meeting.
-Since the first meeting did not go well,Ricardo read several management books on working with groups and thought perhaps a longer meeting would allow time to explore several points of view.He chose a Friday afternoon so everyone could go home afterward and not have to rush off to other work appointments.To his surprise,the first idea he suggested was accepted by the group,and the meeting was over in no time.The group was most likely engaging in ________ so they could end the meeting and go home early.

• A)maximizing
• B)satisficing
• C)goal displacement
• D)vigilance
• E)intellectual stimulation

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Definitions:

Products

Goods or services that are the result of a manufacturing or production process and are offered for sale by businesses.

Factory Overhead Allocation

The process of distributing the indirect costs of manufacturing across the products produced, such as utilities or maintenance of equipment.

Product Mix

A combination of different products that a company manufactures or sells.

Product Price

The amount of money charged for a product or service, set by the seller.