You are the manager of your division at a large technology firm, and have been waiting to get approval to hire a new person. You have someone in mind: your long-time friend and college roommate, who you know would be a terrific fit with your team. But you are also aware that the company wants to increase its diversity, especially with regard to women. You worry about this, since your team is all
male, and adding a woman would change the dynamics considerably. You've now advertised the new position, as required, and the two best candidates are your friend, and a Latina woman you have never met before. Neither candidate has met your team. Of the following, which would be the best decision?
a. hire your friend; you know he'll fit with the current team
b. hire the woman; the firm will be happy that you've improved diversity
c. have both candidates meet with your team, each one separately, and get their input on the candidates; then decide based on their preference
d. have both candidates meet with your team, each one separately, and get their input on the candidates; then make the decision on your own, objectively
D
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Countries, businesses, and people are becoming increasingly interdependent. To succeed on an international level, managers in all fields need a global mind-set. Write a short essay expounding on what it means to have a global mind-set and why it is necessary in today's business environment. Include your thoughts on two or three steps a manager can take that will help him develop a global mind-set.
What will be an ideal response?
Which step of the five-step model of decision-making includes studying the positives and negatives of a list of possible solutions to a problem?
A. generate multiple alternatives B. identify and weigh decision criteria C. choose, implement, and evaluate the best alternative D. rate alternatives on the basis of decision criteria
Companies that experience seasonal cycles of business activity need not manage their cash as carefully as companies whose business is not cyclical
Indicate whether the statement is true or false
NAFTA's Commission for Environmental Cooperation is committed to improving issues related to greenhouse gas emissions, which are concentrated gasses in the Earth's atmosphere derived from: A) coal mining
B) strip mining. C) burning fossil fuels. D) extracting oil from shale.