During an intense six-month contract negotiation, Colton developed a strong working relationship with his client, Art, an outside vendor. Because of their professional bonding, Colton and Art were able to openly explore and constructively hammer out agreements on very tough contract issues. The resulting contract was far superior to what either Colton or Art might have hoped for six months earlier and was a good example of
A. technological change.
B. an increasingly diverse labor force.
C. globalization.
D. the importance of knowledge and ideas.
E. collaboration across organizational boundaries.
Answer: E
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Calculate the volume(units) if a firm has a gross profit of $60 million and a margin price of $300 per unit
A) 180,000 units B) 18,000 units C) 200,000 units D) 30,000 units E) 16,000 units
An honest effort to meet both the spirit and letter of the contract is termed
a. reasonable circumstances. b. sole discretion. c. honest representation. d. good faith.
Answer the following statement(s) true (T) or false (F)
1. We are finding that it is becoming easier to acquire the human resource talent that we need. 2. The pull model of human resource planning assumes that vacancies that occur at high levels in the organization will be filled through promotions, and this will create a ripple effect throughout the organization. 3. Human resource planning is the process of analyzing an organization’s human resource needs under changing conditions and developing the activities necessary to satisfy those needs. 4. Markov models are informal human resource planning models that forecast flows to and from various positions based on the past probabilities of such changes. 5. Both job analysis and job descriptions are commonly produced in writing.
A business strategy that integrates the functions of sales, marketing, and customer service, using technology and massive databases of information is called
A. customer relationship management (CRM). B. vision and goals. C. performance indicators. D. strategic planning.