Describe the path-goal theory. Provide specific examples of how the theory can be applied in the workplace.
What will be an ideal response?
The path-goal theory of leadership argues that subordinates are motivated by their leader to the extent that the behaviors of that leader influence their expectancies. In other words, the leader affects subordinates’ performance by clarifying the behaviors (paths) that will lead to desired rewards (goals). Ideally, of course, getting a reward in an organization dependsoneffective performance. The path-goal theory also suggests that a leader may behave in different ways in different situations. A manager following this theory might explain to his subordinate what needs to be done in order to earn a promotion and pay raise.
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The idea that some attitudes are negative and some are positive is referring to
a. the direction. b. the intensity. c. the salience. d. the weight.
Consider the following conditions for an item used in the Hess Company's manufacturing process:
On-hand inventory: 40 units Open orders (scheduled receipts): 100 units Backorders: 60 units Reorder point: 100 units Quantity per order: 50 units Which of the following statements best describes Hess's situation regarding inventory replenishment? A) No action is required, since a scheduled receipt is due to be delivered to Hess. B) To cover its backorders, Hess should order two lots of 50 units. C) Because it is incurring backorders, Hess should increase its reorder point. D) Hess should place an order for 50 units, since the inventory position is less than the reorder point.
Which of the following is an example of customer-based segmentation?
A) Mainely Seafood harvests lobster off the coast of Maine. Because it wants its product to be fresh when consumed, it ships only to restaurants within 300 miles of the port where the fishing boat docks. B) Carolina 'Scapes is a corporate landscaping company licensed to work only in North and South Carolina, and so it concentrates its marketing in those two states. C) Pure Software has developed a software that can chart the purity of a chemical held in large storage containers and sampled at different depths. The company wants to sell its product to large chemical manufacturers, most of which are located near the Gulf Coast of the United States. D) Diaper Rags is a new company that sells cotton cloths to diaper companies to use as you would expect and markets them differently to restaurant and hotel suppliers, who then sell the cloths to restaurants and hotels to use as rags. E) A snow plow manufacturer in New England contracts with municipalities, states, and construction companies to sell its product. It concentrates only on New England and nearby states; it does not waste marketing dollars in the southeastern part of the country.
Suppose that you make a fixed deposit of $1,000 in Bank X and $500 in Bank Y. The value of each investment at the end of each subsequent year is provided in the table. ? Year Bank X ($) Bank Y ($) 1 1,320 560 2 1,510 620 3 1,750 680 4 2,090 740 5 2,240 790 6 2,470 820 7 2,830 870 8 3,220 910 9 3,450 950 10 3,690 990 ? Which of the two banks provides a better return over this time period?
What will be an ideal response?