Chandra and Jim are managers at XYX Company. They each manage 10 people. Chandra manages primarily by threatening her employees that their pay will be docked if they don’t meet their sales quotas set by the company. Jim, on the other hand, manages his employees to meet the sales quotas by treating them with respect and helping them overcome any obstacles in their daily work. According to the text, which manager should be more effective?

A. Chandra, because psychology research shows that coercive power is effective.
B. Jim, because the psychology research shows that social intelligence is the key to
effective managerial success
C. Both Chandra and Jim, because they both have legitimate power.
D. Chandra, because she demonstrates superleadership skills.


B. Jim, because the psychology research shows that social intelligence is the key to
effective managerial success

Business

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If your employment history includes less than ____ positions, limit your resume to a single page.

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Which of Crosby’s Absolutes of Quality refers to the idea of adopting a do-it-right attitude the first time?

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Majer Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or RateStandard Cost Per UnitDirect materials 6.4ounces$3.00per ounce$19.20Direct labor 0.4hours$13.00per hour$5.20Variable overhead 0.4hours$5.00per hour$2.00?The company reported the following results concerning this product in February.    Originally budgeted output 4,800unitsActual output 4,900unitsRaw materials used in production 30,230ouncesActual direct labor-hours 1,910hoursPurchases of raw materials 32,600ouncesActual price of raw materials$2.90per ounceActual direct labor rate$12.40per hourActual variable overhead rate$4.90per hour?The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is

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Business

On January 1, 20X9, Pirate Corporation acquired 80 percent of Sea-Gull Company's common stock for $160,000 cash. The fair value of the noncontrolling interest at that date was determined to be $40,000. Data from the balance sheets of the two companies included the following amounts as of the date of acquisition:  Pirate Corp.Sea-Gull Corp.Cash $60,000   $20,000  Accounts Receivable  80,000    30,000  Inventory  90,000    40,000  Land  100,000    40,000  Buildings and Equipment  200,000    150,000  Less: Accumulated Depreciation  (80,000)   (50,000) Investment in Sea-Gull Corp.  160,000       Total Assets $610,000   $230,000             Accounts Payable $110,000   $30,000  Bonds

Payable  95,000    40,000  Common Stock  200,000    40,000  Retained Earnings  205,000    120,000  Total Liabilities and Equity $610,000   $230,000  At the date of the business combination, the book values of Sea-Gull's net assets and liabilities approximated fair value except for inventory, which had a fair value of $45,000, and land, which had a fair value of $60,000.Based on the preceding information, what amount will be reported as noncontrolling interest in the consolidated balance sheet prepared immediately after the business combination? A. $46,000 B. $15,000 C. $40,000 D. $0

Business