From a managerial perspective, which budget is most likely to motivate people to succeed in executing it?
A. A budget that is easy to achieve, because it inspires confidence.
B. A budget that is difficult to achieve, because it encourages people to aim high.
C. A budget that is tight, but attainable because it creates the appropriate level of challenge.
D. A budget that is tight, and nearly impossible to achieve, because it creates camaraderie and an "us versus them" mentality.
Answer: C
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______ is the illegal buying or selling of a company’s stock by people using confidential company information.
a. A whistle-blower b. Stock exploitation c. Insider trading d. Tip abuse e. A Ponzi scheme
Explain why personality traits of founders may not allow them to adjust to requirements of leading others.
What will be an ideal response?
Karen pursues an interactive strategy for managing stakeholders. What is she likely to do that managers pursuing reactive or proactive strategies will likely not?
a. Ask for help from her own managers. b. Feel panic or anxiety at the arrival of a problem. c. Determine solutions to problems before they arrive. d. Give stakeholders more of a say in solving problems.
______________________ unionism seeks to organize all the workers in a workplace or industry regardless of their occupations or skill levels.
Fill in the blank(s) with the appropriate word(s).