The leadership challenges that top executives face in making corrective adjustments when things are not going well include
A. having the analytical skills to separate the problems due to a bad strategy from the problems due to bad strategy execution.
B. undertaking a thorough analysis of the situation, exercising good business judgment in deciding what actions to take, and then ensuring good implementation of the corrective actions that are initiated.
C. deciding whether the company would be better off making adjustments that curtail the achievement of strategic objectives or that curtail the achievement of financial objectives or that curtail the achievement of some of both.
D. knowing when to replace poorly performing workers and when to do a better job of coaching them to do the right things.
E. being able to discern whether to emphasize adjustments that will promote better achievement of strategic performance targets or whether to emphasize adjustments that will promote better achievement of financial performance targets.
Answer: B
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When a conflict arises, Lance tends to gloss over differences and downplay the involved disagreements. He is not assertive but is quite cooperative. His friends have suggested that Lance uses which of the following?
A. a compromising style B. an avoiding style C. a competitive style D. an accommodative style
Jim Williams is the owner of a Red Hot pizza franchise. He hires Paul Stanton to deliver pizzas. Stanton does not have a criminal record. If Stanton robs a woman to whom he is delivering a pizza,
a) Red Hot is liable b) Franchisee Williams is liable c) Both are liable d) Neither is liable
Which of the following refers to a shopping companion who may help a consumer think through alternatives, make decisions, and validate purchasing choices?
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The following data have been provided by Brice Corporation for the 3-D Printing Department. The company uses the FIFO method in its process costing.Units in process, August 1: materials 60% complete, conversion 30% complete900Units started into production during August8,400Units started and completed during August6,500Units completed and transferred to the next department during August7,400Units in process, August 31: materials 65% complete, conversion 25% complete1,900Required:Determine the equivalent units of production for the 3-D Printing Department for August using the FIFO method.
What will be an ideal response?