It is important that processes to create value precede those to claim value for two reasons. What are the two reasons?
What will be an ideal response?
First, the creating-value process is more effective when done collaboratively and without a focus on who gets what. Second, claiming value involves distributive bargaining processes, which may derail the focus on creating value and may even harm the relationship unless introduced effectively.
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Why might a company address the issue of noise, as defined in the communication model, by purchasing a block of pages in a magazine to advertise its brand?
What will be an ideal response?
Which of the following is not an advantage of the budgeting process?
A) It can help management identify potential bottlenecks. B) It can help facilitate goal congruence throughout the organization. C) It encourages management to focus on the past and not be distracted by current activities of the organization. D) It encourages communication among various departments in the organization.
When making decisions about how to conduct performance appraisals, Brandon always thinks about how he can get the employee to work harder in the next year and how he can help the employee reach the employee’s goals for development. He also considers how both he and the employee can work together to best benefit the organization. It appears Brandon is using the _________ ethical approach.
A. Golden Rule B. four-way test C. stakeholders’ approach D. code of ethics
We look to statutes to provide:
a. concise statements of the law. b. a detailed summary of the law. c. summaries of important cases. d. guidance for the public. e. references to secondary sources.