Explain the characteristics of monolithic organizations.
What will be an ideal response?
Answer: Monolithic organizations have very little diversity or inclusiveness. For example, a firm might favor hiring alumni of the same school. In monolithic organizations, groups other than the norm (if represented) work primarily in low-status jobs. Minority group members must adopt the norms of the majority to survive. This fact, coupled with small numbers, keeps conflicts among groups low. Discrimination and prejudice can prevail, integration between groups is almost nonexistent, and minority group members do not identify strongly with the company.
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A company must include impairment disclosures in the year of an impairment write-down and the subsequent three years following to ensure comparability in reporting
Indicate whether the statement is true or false
The presence of feedback can
A. influence the offers that negotiators make. B. distort communication in negotiation. C. lead negotiators to change the way that they negotiate or evaluate negotiation outcomes. D. be all of these things.
Companies using target costing ________
A) first design a new product and then determine its cost B) tailor their products to be in line with the marketing mix C) routinely neglect customer value considerations D) avoid determining an ideal selling price until analyzing test market results E) start with an ideal selling price and then target costs that will ensure that the price is met
Teams evaluate their ability to succeed by:
a. Examining the complexity of the task and temporal resources b. Weighing costs and benefits of working together or individually c. Weighing demands of the task and rewards given d. Examining their personal resources and ability to work together