MOM-FACTS
Definition of efficiency
getting the most output from the least amount of inputs
This planet is known as the " red planet "
Mars
This animal is the only mammal that can truly fly
Bat
Name the 4 Management functions
planning, organising, leading, controlling
This U.S. state is the only one made up entirely of islands
Hawaii
This fruit is the only fruit with seeds on the skin instead of the inside
strawberry
Name at least 4 biases
overconfidence, immediate gratification, framing, availability, anchoring effect, selective perception, randomness, sunk costs error
This element, with the chemical symbol O, makes up about 21% of Earth´s atmosphere
Oxygen
The "Hollywood" sign originally spelled out
Hollywoodland
What are the steps in the decision process to enter a global market?
1. wether to go global
2. which markets to enter
3. level of commitment
4. how to adapt marketing mix strategies
This European city is home to the Colosseum
Rome
This sea creature has three hearts and blue blood
octopus
Name all 6 elements of organizational design
work specialisation, departmentalisation, chain of command, span of control, centralisation and decentralisation, formalisation
The mathematician, who formulated the laws of motion and universal gravitation
Isaac Newton
True or False:
wearing a tie can reduce blood flow to the brain by 7.5 percent
True