"Flo" of Communication (Scenario)Recently the employees of Chatterbox Enterprises, Inc., received a letter from the vice president of operations explaining that a new production facility would be built in Chatland City, AL. It was also stated that about one-fourth of the employees from the current Chatland City facility would be transferred to the new facility and if employees wanted to volunteer for the transfer, they could do so by meeting the human resource manager and filling out a request form. Sam, a production supervisor, first went to Florence, the purchasing manager, who had already volunteered to transfer, to discuss with her the possibility of becoming her inventory control supervisor at the new facility. Florence told Sam that Ruth, the current inventory control supervisor,
would not be transferring and that she would consider his request.If Sam had talked with his co-supervisors before going to speak to Florence, he would have been involved in which type of organizational communication?
A. vertical
B. internal
C. lateral
D. downward
Answer: C
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The present value of a two-year bond with a future payment of $1,345.50 and the yield to maturity of 3.6 percent is?
A. ?$1,300 B. ?$1,500.50 C. ?$1,253.62 D. ?$1,246.72
Cavalaris Products uses a standard cost system. Variable overhead costs are allocated based on direct labor hours. In the first quarter, Cavalaris had an unfavorable cost variance for variable overhead costs. Which of the following scenarios is a reasonable explanation for this variance?
A) The actual number of direct labor hours was lower than the budgeted hours. B) The actual variable overhead costs were higher than the budgeted costs. C) The actual variable overhead costs were lower than the budgeted costs. D) The actual number of direct labor hours was higher than the budgeted hours.
Saturn is "a different kind of company, different kind of a car"; the Hummer is "like nothing else." These statements indicate a firm's ________
A) product portfolio B) target market C) positioning D) strategy E) niche
When formulating flexible market offerings for each market segment, business market managers can choose from three strategic alternatives for each service element. Identify the three strategic alternatives
What will be an ideal response?