Define and discuss the mentoring process, along with its benefits for companies.
What will be an ideal response?
Mentoring is a process by which a junior-level employee (protégé) develops a deep and long-lasting relationship with a more senior-level employee (mentor) within the organization. The mentor can provide social knowledge, resources, and psychological support to the protégé both at the beginning of employment and as the protégé continues his or her career with the company. As organizations continue to learn about the strong benefits of these relationships, they are more frequently instituting mentoring programs that formally match newcomers with mentors. Formal programs allow the company to provide consistent information, train mentors, and ensure that all newcomers have the opportunity to develop one of these fruitful relationships.
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In order to compute gross profit margin, the income statement must be in single-step format
Indicate whether the statement is true or false
A continuous random variable may assume
A. all values in an interval or collection of intervals. B. only integer values in an interval or collection of intervals. C. only fractional values in an interval or collection of intervals. D. all the positive integer values in an interval.
Rock Bottom Tiles has developed a new customer-oriented business model. Rather than maintain a network of showrooms across the country, the business will now let customers choose several styles that interest them from an online site, and will ship samples of each of the styles to the customer to test in their home free of charge. Once they have settled on a tile choice, Rock Bottom will send a representative to their home to schedule installation. The company has determined that busy middle-class customers will value the convenience of the new model, which allow them to upgrade the look of their homes without spending time browsing showrooms. The new model will be created by selling the old showrooms and shifting resources to the new online site and regional offices for sales personnel.
What question remains for Rock Bottom to ask in order to put its strategy into action? A. Who are the main stakeholders who will be performing the activities? B. How are the offerings to the customers created? C. Why does the business model create value? D. What activities need to be performed to create and deliver the offerings to consumers?
The economic order quantity is given by ______.
A. the square root of ([2 times demand times ordering costs] divided by holding costs) B. the square root of (holding costs divided by [2 times demand times ordering costs]) C. the square of ([2 times demand times ordering costs] divided by holding costs) D. the square of (holding costs divided by [2 times demand times ordering costs])