Define the concept of employee empowerment and discuss how it relates to motivation and the leadership role of managers.
What will be an ideal response?
Empowerment is the process of giving employees authority to make decisions and be responsible for outcomes. By empowering employees, managers can increase workers' involvement, motivation, and commitment to ensure they are working toward organizational goals. Empowerment also can help a manager be a more effective leader by eliminating some of the time needed for day-to-day supervision and increasing the manager's ability to get things done by leveraging the knowledge and help of subordinates.
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Gary Hamel believes that identifying and challenging debilitating core beliefs that people have about an organization can be helpful in improving management
A. rewards. B. innovation. C. restructuring. D. planning. E. motivation.
For what purpose do organizations typically review applicant résumés?
A. as a way to control the content of the information and the way it is presented B. as a way to obtain an objective source of information C. as a basis for deciding which candidates to investigate further D. as a substitute for interviews E. as a way to avoid the cost of administering tests related to job performance
A company sold a machine that originally cost $90,000 for $28,000 cash. The accumulated depreciation on this machine was $47,000 at the time of the sale. What was the company's gain or loss on this sale?
What will be an ideal response?
Direct costs are those costs that can be easily and accurately traced to a cost object
Indicate whether the statement is true or false