Promotion-from-within policies must ________, coupled with a company philosophy that permits employees to consider available opportunities within the organization.
A. comply with all state laws
B. receive strong top management support
C. anticipate training needs
D. respect seniority position
Answer: B
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According to PRIZM, the ________ cluster is characterized as being in their late forties and fifties, college-educated, upper-middle-class homeowners that married late, and are still raising children in comfortable suburban subdivisions and pursuing
kid-centered lifestyles. A) cosmopolitans B) beltway boomers C) young digerati D) winner's circle E) old milltowns
Dockside Sandal Company, a manufacturer of women's sandals, recently implemented a quality improvement program aimed at streamlining the manufacturing process. Bo Mattison, industrial engineer and a resident expert on process improvement, was assigned the task of implementing the program.Mattison's first task was to educate all the employees involved with the production process. He sent a memo to representatives in product design and development, materials management (including purchasing), marketing, distribution, customer service and accounting, in addition to those in the production department, inviting them to attend an information session on the improvement program.He began the meeting by thanking all those who were present (over 35 in number) and spent the first hour explaining the
need for such a program. Soon after, the attendees were engaged in a discussion. Several questions were raised during the discussion. Among these, three questions stood out.1. What is the need for including members from design, marketing, and other functional areas when the improvement program's focus is on streamlining the manufacturing process?2. What is the role of the cost management expert in this program?3. Finally, why should the machine operators be involved, as they are not engineers?Consider the three questions that stood out in the discussion. Assume the role of Bo Mattison and prepare a response addressing the questions. What will be an ideal response?
Two slot machines offer to double your money 3 times out of 5. Machine A takes $10 bets and Machine B takes $100 bets on each occasion. A risk-averse investor prefers to bet on ________
A) Machine A B) Machine B C) does not matter D) none of the above
________ is studying and learning from a company outside of your industry that has a particular skill that is potentially critical to the company's operation.
Fill in the blank(s) with the appropriate word(s).