The "business judgment rule" has been replaced by "good faith statutes" in most states
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following is one of the seven primary challenges facing managers today?
A. Maintaining good records of what worked in the past. B. Dealing with a stubbornly static and immobile environment. C. Staying ahead of competitors through corporate espionage. D. Managing to achieve one's own happiness and life goals. E. Collaborating with competitors.
Answer the following statements true (T) or false (F)
1. When Angela, a new nurse was hired at Mercy Hospital, the HR manager gave her a handout containing a chart that showed a family-tree-like pattern of boxes and lines. This document, which shows the formal lines of authority and the organization's official positions and work specializations, at the hospital is called an organization chart. 2. The arrangement of having discrete parts of a task done by different people is known as division of labor. 3. Tom's Hardware has a simple organizational structure. There are no levels of middle management, because all employees report to the owner, Tom, or to his assistant managers. Tom's Hardware has a thin organizational structure. 4. Two advantages of decentralization are that (1) managers are encouraged to solve their own problems, and (2) decisions are made more quickly, increasing the organization's flexibility and efficiency.
An unresolved challenge involved in cross-border data transfers is the ______.
A. respect for individual privacy B. difference in payment mechanisms C. regulations on tariffs D. difference in languages
Affective events theory serves as a guide and overall framework to understand ______.
A. how emotions and moods influence workplace outcomes B. how cognitive understanding of moods and emotions is critical C. how emotional intelligence improves performance D. how neuroscience predicts workplace behaviors