What are the contemporary factors shaping the sensemaking of managing in contemporary organizations?
What will be an ideal response?
Model answer
A model answer would address how the following have an impact on managing and organizations:
• Organizations and technological changes
• Changing relations of service and production
• The implications of going global
• Changing conceptions of time and space
• Changing demographics; changing values
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The interactions that a customer has with a company are termed:
A) experiences. B) elucidations. C) relationships. D) solutions.
Which of the following is TRUE when a new partner is admitted to a partnership by purchasing an existing partner's interest?
A) Only the transfer of cash from the new partner to the existing partner is recorded. B) Admission of the new partner affects the total asset amount. C) Admission of the new partner affects the total equity amount. D) The only journal entry the partnership records is the transfer of partner's capital.
Lipps Company manufactures custom-designed medical equipment for paramedic units. In May 2010, the company incurred the following costs of quality: Product design costs $ 8,600 Product recall costs 5,200 Product simulation costs 13,500 Product testing costs 3,500 Product warranty claims 2,000 Scrap and rework costs 3,000 Total quality costs of conformance for May were
a. $27,600. b. $11,600. c. $25,600. d. $22,100.
Which of the following is not a guideline for adopting the "you" attitude?
A) Stress how the reader will benefit. B) Develop empathy for the reader. C) Emphasize how the reader will be affected. D) Write from the reader's perspective. E) Show how you and the reader will both benefit.