Situational reports are only generated once
Indicate whether the statement is true or false
True
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Do you think that leadership is more science or more art or a relatively equal combination of both? Explain your answer.
What will be an ideal response?
An important customer showing up at a hotel that is fully booked and the reservation is missing would be placed in which category for managerial decision-making challenges?
A. Managers must apply sophisticated analysis techniques, such as Porter's strategies or forecasting, to make strategic decisions. B. Managers must make decisions quickly. C. Managers need to analyze large amounts of information. D. All of these.
Grabhouse, Inc. is experiencing an increase in the turnover rates of its top employees. Upon consulting with its managers for the reasons for this increase, Grabhouse finds that employees are uneasy about the current pay mix as it involves too many risky elements. In order to make its pay mix less risky, Grabhouse needs to:
A. increase the base pay component of its pay mix. B. increase the merit bonus component of its pay mix. C. introduce a risk-sharing plan to its pay mix. D. introduce a profit-sharing plan to its pay mix.
If the performance promised by a party is clearly inferior to the requirements of the contract, there has been:
a. substantial performance b. a material breach of the contract c. an immaterial breach of the contract d. a and c e. none of the other choices