When a firm wants to gather information on the potential reaction to a new policy or idea, how can a manager collect information?
A) Through intrapreneuring
B) Through social media monitoring
C) By utilizing the company grapevine
D) By utilizing the informal chain of command
E) By organizing new reporting relationships
Answer: C
Explanation: C) By learning who the key people in the grapevine are, for example, the manager can partially control the information they receive and use the grapevine to sound out employee reactions to new ideas, such as a change in human resource policies or benefit packages. The manager can also get valuable information from the grapevine and use it to improve decision making.
You might also like to view...
Which one of the following adjustments decreases net income for the period?
a. Recognition of depreciation on plant assets b. Recognition of interest on a note receivable c. Recognition of services that had been provided to customers but the cash has not yet been received d. Recognition of rent as earned that had been received in advance from customers
The master budget includes several individual budgets, which are interdependent. Provide at least two examples of connections (relationships) between budgets.
What will be an ideal response?
When a researcher must communicate with respondents which choice of data collection method may be selected?
A) have person ask questions B) use a computer to assist or to directly ask questions C) allow respondents to answer questions themselves D) any of the above may be selected E) none of the above may be selected
The specific identification method and the FIFO method produce the same results under both the perpetual and periodic inventory systems
Indicate whether the statement is true or false