Name five mediums that organizations use to provide information to members.
What will be an ideal response?
Any five of the following: face-to-face communication, telephone calls, group meetings, memos, policy statements, reward systems, production schedules, and sales forecasts. Other answers, which were not presented in the text, may also be correct, such as billboards, a company newsletter, or e-mail.
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Describe how a firm might use make-versus-buy analysis to determine whether or not to purchase a new piece of equipment or to continue to buy product from a supplier. Give a hypothetical example of a company that might face this decision.
What will be an ideal response?
Performance appraisal interviews between supervisors and employees frequently combine listening intensively and empathetic listening
Indicate whether the statement is true or false
Which of the following would generally be considered to be a revenue-raising licensing law?
A) A statute requiring that doctors be licensed B) A statute requiring that salespeople be licensed, but not establishing any educational or training requirements C) A statute requiring public school teachers to be licensed D) A statute that requires insurance agents to pass a test before selling insurance in a state
Sharpe's measure is a measure of the risk premium per unit of total risk
Indicate whether the statement is true or false.