Elaborate on any three types of organization development interventions.
What will be an ideal response?
There are four basic organization development interventions: strategic-helping organizations conduct mergers and acquisitions, change their strategies, and develop alliances; techno-structural-relating to organization structure and design, employee involvement, and work design; human process-improving conflict resolution, team building, communication, and leadership; and human resource management-attracting good people, setting goals, and appraising and rewarding performance.
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Which of the following is usually not a good practice for getting feedback on messages?
a. Be open to feedback. b. Be aware of nonverbal communication. c. Ask the receiver if they have any questions. d. Ask the receiver to paraphrase the message.
The marketing firm must consider the entire business process, all from a consumer's point of view.
Answer the following statement true (T) or false (F)
Battista Stationery Company is a price-taker and uses target pricing
The company has completed an analysis of its revenues, costs, and desired profits and has calculated its target full product cost. Refer to the following information: Target full product cost $600,000 per year Actual fixed cost $280,000 per year Actual variable cost $3 per unit Production volume 150,000 units per year Actual costs are currently higher than target full product cost. Assume all products produced are sold. Assuming that variable costs are dependent on commodity prices and cannot be reduced, what is the target fixed cost? A) $320,000 B) $450,000 C) $150,000 D) $600,000
The campus bookstore sells 4,000 sets of graduation regalia each year
Placing an order from their supplier costs $25 regardless of order quantity, so they usually place a large order (a half year's supply) at a time. It costs $5 per year to hold a cap and gown in inventory, primarily insurance costs for the highly flammable material. What is the difference in the total cost if they order at their optimal order quantity compared to their current policy? A) $4,550 B) $5,050 C) $3,550 D) $4,050