What is the first step in the feedback control system?
A. Establishing strategic objectives
B. Establishing standards of performance
C. Taking corrective action
D. Comparing performance to standards
E. Measuring actual performance
Answer: B
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Because union density rates are at historic lows:
A. It is not important for managers and business professionals to learn about labor relations. B. It is unlikely that managers or supervisors will ever encounter an issue related to labor relations law or rights. C. Knowledge of labor relations is important to understanding how conflict has historically been resolved, and what might happen when it is left unresolved. D. Managers and business professionals must generally be knowledgeable and savvy in their management of conflict in the workplace.
Which of the following describe the workplace structures that provide ‘fertile soil’ for bullying (Salin, 2003):
a. enabling structures b. mitigating structures c. precipitating processes d. informal structures
The objective of ______ is to ensure that there is sufficient manufacturing and distribution capacity to meet the demand forecasts.
A. operations planning B. financial planning C. supply planning D. demand planning
You should self-insure against major financial risks
Indicate whether the statement is true or false.