James Parker, as former CEO of Southwest Airlines, didn’t always hire the “best” people; instead, he hired
a. the right candidates—leaders whose personalities and attitudes make them a good fit for Southwest Airlines’ fun, team-based culture
b. average people, yet he made these average people stars by treating them right
c. people rejected by the other airlines (who could afford to pay higher salaries), yet by good training he was able to bring these below average performers up to par
d. his friends and the friends of the people who already worked at Southwest, thus creating a friendly atmosphere
a. the right candidates—leaders whose personalities and attitudes make them a good fit for Southwest Airlines’ fun, team-based culture
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Which of the following statements concerning partnerships is false?
A. A general partner's basis in a partnership includes his share of partnership debt. B. Limited partnerships must have at least one general partner. C. A properly-drafted partnership agreement is crucial. D. A partner is taxed annually on only that portion of a partnership's taxable income that is actually distributed.
What is the practice in which cash receipts are misapplied to hide fictitious receivables called?
a. Bill-and-hold b. Channel stuffing c. Partial shipment d. Kiting
A letter that delivers the report to the client and summarizes the researcher's overall experience with the project without mentioning the findings is called the ________
A) letter of acceptance B) letter of authorization C) letter of transmittal D) letter of recommendation E) letter of invoice
Which pair of accounts follows the rules of debit and credit in the opposite manner?
a. Prepaid Insurance and Dividends b. Advertising Expense and Land c. Dividends and Medical Fees Earned d. Interest Payable and Common Stock