List and describe the common characteristics of innovative cultures.
What will be an ideal response?
Encouragement of risk taking: Getting employees to voice creative ideas helps lead to innovation. Innovative cultures encourage and reward employees for taking risks without fear of punishment if they fail.
Flexibility: Employees are more innovative when they are empowered to do things their own way. They have a sense of ownership and control over their ideas and work, and they can make changes to their work without having to get permission, as they are not micromanaged.
Open systems: In an open system, innovation sought from within and outside the firm. Many companies today are turning to their customers, suppliers, and others in their supply chain for innovation.
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Which of the following does the chapter list as functions of meetings?
A. informational or fact-finding B. problem solving C. decision-making D. all of these are correct
Which of the following statements about culture is true?
a. Culture is inborn from the moment of birth. b. Components of culture such as value of the individual, value placed on materialism, work ethic, etc. are distinct, unrelated elements. c. Stereotyping allows one to form accurate mental pictures of the main characteristics of another group. d. None of the above statements are true.
Personal Wellness ? Jackie has been working for a local small business called Personal Wellness for the last three years. It is a retail business that sells sporting goods equipment. When she started to work there, she noticed several things that were possibly the cause of the business not doing as well as it hoped. Jackie has been thinking of starting her own small business because she feels she has learned much through working for Personal Wellness. ? Jackie's manager asked her to create a business plan for Personal Wellness. The manager hoped that this plan would put things into perspective to help the company do better. After creating the plan, Jackie suggested that Personal Wellness contact a group of senior and graduate students to provide management counseling for the company.
Jackie wants to make sure that her leaving does not become the cause of the company going under. Refer to Personal Wellness. Personal Wellness can be classified as operating in what type of industry? A. Service B. Production C. Manufacturing D. Distribution E. Wholesaling
Data collected over several time periods are _____ data
a. time series b. time-controlled c. cross-sectional d. time dependent