Describe the cross-cultural value dimension of universalism
What will be an ideal response?
If policies, rules, and laws are not applied generally to everyone, the whole idea of rules, policies, and laws becomes meaningless. This thinking is called universalism. Universalism offers fairness regardless of social rank or situation. Taken to an extreme, however, universalism will ignore the particular circumstances of a situation. Moral principles may tend to become overly simplistic, depicting issues as black and white when they may be more complicated. Without flexibility, company policies applied without regard to circumstances will cause problems for the manager and the organization because exceptions to the rule do occur.
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________ is defined as something of legal value given in exchange for a promise.
A. Option B. Consideration C. Offer D. Acceptance
Agile methods can be used on larger scale projects in which several teams are working on different features at the same time. This is called staging.
Answer the following statement true (T) or false (F)
For the path-goal theory, describe the three important environmental factors that determine appropriate leadership style.
What will be an ideal response?
The management of a sugar manufacturing company sets aside a sum of $50,000 in its budget for the purchase of new machinery that would double the production. In the given scenario, the management is in the process of planning the _____ of the company.
A. marketing budget B. financial budget C. operating budget D. static budget