In the face of virtuality of work relationships brought on by advances in information technology, an effective leader will
A. phase out traditional communication methods-face-to-face, telephone, letters, meetings and phase in electronic communication whenever and wherever possible.
B. refuse to participate in e-mail communication and continue to use traditional means of spoken and written communication.
C. maintain high standards of written and spoken communication and take advantage of the speed, convenience and cost of electronic communication while maintaining as much face time as possible.
D. none of the above.
Answer: C
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Arnold Schwartz, CEO and founder of Schwartz Engineering, has repeatedly rebuffed efforts by other firms in other countries to draw Schwartz Engineering into strategic alliances. Schwartz Engineering has built its highly successful business around proprietary processes invented by Mr. Schwartz in the 1980s. An advantage would be that Schwartz Engineering would gain assistance from those other firms in meeting other countries' regulatory requirements. Mr. Schwartz is concerned that his firm will be required to share the sources of its competitive advantage with alliance partners. This is a reasonable fear.
Answer the following statement true (T) or false (F)
What element forms the basis for shared goals and shared vision?
a. the formation of in-group relationships b. the inclusion of out-group members on a team c. shared values d. group interdependence
A promise to not inflict bodily harm on another is supported by consideration
Indicate whether the statement is true or false
Schoening Corporation is a shipping container refurbishment company that measures its output by the number of containers refurbished. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for January. Fixed Element per MonthVariable Element per Container RefurbishedActual Total for JanuaryRevenue $4,100$158,600Employee salaries and wages$50,600 $1,100$92,700Refurbishing materials $700$27,000Other expenses$41,200 $40,800?When the company prepared its planning budget at the beginning of January, it assumed that 40 containers would have been refurbished. However, 38 containers were actually refurbished during January.?The total expenses in the flexible budget for January would
have been closest to: A. $168,947 B. $163,800 C. $160,200 D. $160,500