Describe several approaches that management can take to increase trust among employees
What will be an ideal response?
• Communicate earlier and more often.
• Demonstrate trust in employees by sharing not only good but also bad news.
• Involve employees in the management process by seeking their opinions and their ideas.
• Clearly and succinctly share the vision of the business and show employees how they can contribute to it.
• Demonstrate how the vision can be lived daily in the way everyone performs their job.
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Answer the following statements true (T) or false (F)
1. When DuPont agrees to let a Brazilian company make its product Teflon, the nonstick coating, in its local market for a fee it is called franchising. 2. If Toys R Us provides the use of its name plus its operating know-how to a company in Poland in return for an upfront fee plus a percentage of the profits, Toys R Us would be participating in franchising. 3. General Motors working with Shanghai Automotive Industry Group to build Buicks in China is an example of a strategic alliance. 4. A foreign subsidiary that is totally owned and controlled by an organization is called a multinational.
A royalty fee is an amount paid by the franchisor to the franchisee for the continuous use of its trademarks and maintenance of quality
Indicate whether the statement is true or false
Wheeled Coach obtains competitive advantage through MRP in part because of their excellent record integrity and insistence on record accuracy
Indicate whether the statement is true or false
The next dividend payment (one year from now) by Bacon Signs Inc, will be $2.50 per share. The dividends are anticipated to maintain a 2% growth rate, forever
If the required rate of return for Bacon Signs Inc is 11%, WHAT IS THE CURRENT PRICE PER SHARE: A) $27.78. B) $28.33. C) $19.23. D) $19.62.