Answer the following statements true (T) or false (F)
1.Changing an organization’s culture does not change the behavior of the organization’s employees.
2.Successful changes in an organization’s culture typically occur over a short period of time.
3.The systems approach is seen as a way of ensuring attention to the “big picture.”
4.As long as our thinking is governed by habit, we will continue to re-create institutions as they have been.
1.false
2.false
3.true
4.true
You might also like to view...
Each of the following might, by itself, form a valid basis for an auditor to reduce substantive testing except for the:
A. difficulty and expense involved in testing a particular item. B. assessment of control risk at a low level. C. high quality of the evidence gathered. D. low inherent risk involved.
Ring Associates, an insurance company, defines the difference in pay between an entry-level recruiter and an entry-level assembler, as well as the difference between an entry-level recruiter, an HR manager, and the vice president of the human resource department. What is being exemplified in this scenario?
A. balanced scorecard B. pay differential C. straight piecework plan D. job structure E. merit pay system
The Vice President of Finance at Kramerica, Inc. has determined a capital investment budget of $8,000,000 for the next year. Unfortunately, this amount is not sufficient to accept all positive NPV projects available to the firm, which are listed in the table below.
1. Help the Vice President of Finance to choose which set of investments should be accepted.
a) Using the Solver, determine which projects should be accepted if the firm’s goal is to maximize shareholders wealth, subject to the maximum investment constraint. (Note: Make sure to set the Solving Method to Simplex LP.)
b) Now assume that the Vice President of Finance has informed you that the capital budget has been cut to $4,000,000 for the next year, and that at least one project must be accepted for each region. Change your Solver constraints to account for this new information and find the new solution.
c) In addition to the constraints from part b, the Vice President of Finance has now informed you that projects 3, 5, and 8 are mutually exclusive, so, at most, one of them can be selected. Change your Solver constraints to account for this new information and find the new solution.
Briefly discuss the two conflicting views of the role of unions in economics and society
What will be an ideal response?