Jacob works at PrimeClean Corp., a car wash company. He is asked to follow a set of instructions in a predetermined order to wash a car. All the details including the amount of washing liquid to use for each type of car are clearly specified. In this case, Jacob's company is most likely to use a:
A. pay structure with large differences in pay among jobs.
B. closely tailored pay structure.
C. loosely coupled pay structure.
D. pay structure that is highly flexible.
Answer: B
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A short-term usually spans ______ while a long-term goal typically spans
A. 1 month; 3 months. B. 3 months; 1 year. C. 12 months; 1 to 5 years. D. 2 weeks; 6 months. E. 3 years; 10 years.
The statement which expresses the purpose of an organization is called a(n)
A. goal statement. B. rationale statement. C. vision statement. D. intention statement. E. mission statement.
A "balanced scorecard" for measuring company performance
A. prevents the drive for achieving strategic objectives from overwhelming the pursuit of financial objectives. B. strikes a balance between financial and strategic objectives. C. entails putting equal emphasis on financial and strategic objectives. D. prevents the drive for achieving financial objectives from overwhelming the pursuit of strategic objectives. E. entails putting balanced emphasis on profit and nonprofit objectives.
The ______ approach is a concept that assumes that opportunities exist independent of entrepreneurs and are waiting to be discovered.
a. mountain b. idea location c. finding d. searching