Research on MBO shows that people are impelled to set more difficult goals when

A. the goals have a significant impact on profitability.
B. employees can avoid personal development.
C. both management and subordinates participate.
D. the goals emphasize corporate social responsibility.
E. ethics are not a consideration.


C. both management and subordinates participate.

With MBO, research shows people are impelled to set more difficult goals—to raise the level of their aspirations, which may have a positive effect on their performance—if there is joint participation by management and subordinates.

Business

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The ________ attack offers the firm an opportunity to diversify into unrelated products, into new geographical markets, and leapfrogging into new technologies

A) bypass B) flank C) frontal D) guerrilla E) encirclement

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The strategic profit model is useful to retailers because it

A. is derived from the income statement. B. uses owner's equity as its primary criterion. C. uses inventory turnover as its primary criterion. D. combines profit margin management and asset management. E. is derived from the balance sheet from the last day of the year.

Business

________ prohibits unions from engaging in unfair labor practices that interfere with a union election.

A. The Wagner Act B. Section 7 of the NLRA C. Section 8(a) of the NLRA D. Section 8(b) of the NLRA

Business

Why do publicly traded companies rely on the positive opinion of shareholders?

A) The SEC is liable to investigate a firm for financial fraud on a moment's notice. B) Firms need to keep demand for the company's stock high and the stock price strong. C) Shareholders consume more of a company's products than non-shareholders. D) Shareholders rarely, if ever, follow corporate business news. E) The financial media are not legally allowed to recommend stocks to investors.

Business