Comment on the appropriate coaching action for each of the following three situations: lack of ability, lack of motivation, and lack of resources.
What will be an ideal response?
If performance is low due to a lack of ability, the appropriate action is to provide training. If performance is low due to a lack of motivation, various motivation techniques would be appropriate, including giving praise. If performance is low due to a lack of resources, the manager must work toward making the resources available to the employee to fix the problem.
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Identify the breakeven point in the graph given below.
A) O
B) B
C) E
D) D
The following production data were taken from the records of the Finishing Department for June: Inventory in process, 6-1 ( 30% completed) 4,000 units Completed units during June 71,000 units Ending inventory (60% complete) 7,000 units Determine the number of conversion equivalent units of production in the June 30 Finishing Department inventory, assuming that the first-in, first-out method is
used to cost inventories. A) 74,000 units B) 72,400 units C) 71,200 units D) 4,200 units
Which of the following pricing objectives does an organization adopt when it sets the price of its
products with the view to make as great a financial gain from product sales as possible, often using demand curves? A) product-quality leadership pricing objective B) profit maximization pricing objective C) survival pricing objective D) market share maximization pricing objective
Self-leadership relies on receiving feedback and rewards from others outside of the team. a. true
a. true b. false