What are the three steps of the strategic process of organizational learning and why would it be important to understand them?
What will be an ideal response?
*Acquiring knowledge, Distributing knowledge, and Retaining knowledge
*If an organization does all three then they are considered a learning organization, which facilitates the
acquisition, distribution, and retention of knowledge to enable it to react to change
*Learning organizations are people-focused and provide the opportunity for employees at all levels to
learn through formal or on-the-job training or both
*Employees are made to feel part of the organization’s overall performance and are encouraged to share
their ideas, knowledge, and insights in order to effect improvement and change
*When employees feel that they are an important piece of their company, they perform better, which in
turn only improves the organization
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Which of the following is the correct sequence of reaction to a crisis?
a. Denial, anger, rationalization, depression, acceptance b. Rationalization, anger, depression, acceptance, denial c. Denial, depression, anger, rationalization, acceptance d. Rationalization, depression, anger, denial, acceptance
In the work stage of team development, attention may be directed toward decision making and implementation.
Answer the following statement true (T) or false (F)
For a normal distribution, a positive value of z indicates that
a. all the observations must have had positive values b. the area corresponding to the z is either positive or negative c. the sample mean is smaller than the population mean d. the sample mean is larger than the population mean
Typically, expedited costs are preferred over regular costs
Indicate whether the statement is true or false