Which of the following activities would be a part of the leading function of management?
A. Recruiting qualified workers to join the organization and assigning them to their proper position
B. Training and coaching workers to help them understand their job and perform it effectively
C. Devising a new strategic plan to enter a new foreign market currently dominated by a competing firm
D. Examining a financial report to see whether the firm's profits are improving and taking corrective action if they are not
Answer: B
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Also known as “Taylorism,” which concept is focused on how to make people, assembly line workers in particular, more efficient at their jobs through training, monitoring, and detailed planning?
a. Job characteristics model b. Systematic management c. Scientific management d. Quantitative analysis model
If a principal terminates an agency without giving notice of the termination to third persons, the agent may retain the power to make contracts that will bind the principal and third persons
Indicate whether the statement is true or false
Some visions are accidental; a company may stumble into an opportunity, and the leader may get credit for foresight.
a. true b. false
The ability to enjoy one-on-one contact with customers has always been a competitive advantage for large firms.
Answer the following statement true (T) or false (F)