When considering sharing bad news within an organization, managers must commit to
A) determining what an employee may be implying, but not saying.
B) responding only when each detail has been researched thoroughly.
C) punishing those employees who spread bad news in the workplace.
D) limiting the communication channels.
E) listening when employees have negative information to share.
Answer: E
Explanation: E) Managers must commit to maintaining open communication channels, truly listening when employees have negative information to share and not punishing employees who deliver bad news.
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The adjustment to accounting records to reflect the decrease in inventory due to a sale occurs in the
a. warehouse b. shipping department c. billing department d. inventory control department
Which of the following independent transactions would cause net income to be more than cash from operating activities?
a. A decrease in the accounts receivable account b. An increase in the merchandise inventory account c. An increase in the accounts payable account d. An increase in the accrued wages payable account
A retailer has anticipated yearly expenses of $300,000, a net profit objective of $72,000, planned reductions of $24,000, and planned net sales of $1,000,000 . What is its required initial markup percentage?
a. 30.0 b. 37.2 c. 38.7 d. 39.6
Sally has a well-written cover letter and resume that she has used to apply for several positions. Sally does not socialize much and therefore has few professional contacts. According to the case above, what could Sally do to market herself and increase her job opportunities?
What will be an ideal response?