Sebastian, an employee, understands that he has great potential after taking a self-assessment test at his company. He decides to create a checklist of short-term objectives to achieve to help him hone his skills. In this scenario, Sebastian is employing ________ as a mechanism of career management.
A. self-assessment
B. goal setting
C. assessment
D. feedback
E. appraisal
Answer: B
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Sheila offers to pay $30,000 for a new car, but the salesman wants $32,000. The salesman offers to throw in a premium sound system with a value of $1,500 and charge her $31,500. Sheila values the sound system enough to feel that this is a good deal. Sheila and the salesperson used which form of conflict management?
A. compromise B. collaboration C. competition D. avoidance
The biggest challenge with competence-based pay is
A. encouraging employees to take advantage of it. B. reduction in organizational flexibility. C. loss of productivity. D. developing appropriate measures of skills and competencies.
A quality pyramid is a volunteer group of workers who are trained to identify, analyze, and solve problems and accumulate organizational knowledge
Indicate whether the statement is true or false
Which of the following statements is not true?
a. Luck happens when preparation meets opportunity. b. Entrepreneurs fare poorly in today’s hypercompetitive market. c. Failure due to lack of proper financing often is an indicator of other problems. d. It takes more than just money to be a successful entrepreneur.