Trust is a fundamental basis of the capitalist system that is central to the expectations of investors, customers, and other firm stakeholders
Indicate whether the statement is true or false
True
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Kim supervises a group of customer service representatives. Kim is respected and well liked by her staff, and she has worked hard to make sure each of them knows how to do their job well. She is responsible for all staffing and reward decisions in her department. Kim has _____ in the contingency model.
A. low task structure B. low position power C. low leader-member relations D. high situational control E. high expert power
Which of the following statements is true about management compensation?
a. The use of stock options as compensation can result in short–term dysfunctional behavior. b. Stock–based management compensation is provided to encourage managers to have a long term view in their decision making process. c. Under stock–based compensation, a manager may not be rewarded even if his or her individual performance is very good. d. All of these choices are true.
Which of the following is not a required element for a legally enforceable contract?
A) legal offer B) legal acceptance C) fair bargain D) genuine assent
With what model of strategy is Mintzberg most frequently associated?
a. Emergence b. Rational c. Voodoo d. Spiritual