Explain and provide an example of unsuccessful and successful uses of extreme stretch goals.
What will be an ideal response?
Extreme stretch goals, involving radical expectations, fail more often than not. And failure to meet such goals can kill motivation, erode employee confidence, and damage both worker and company performance. CEO Marissa Mayer's inability to return Yahoo to greatness is a case in point. High profile success stories at companies such as Southwest Airlines, Tesla, 3M, CSX, and General Electric provide evidence of how extreme stretch goals can work to a company's advantage. However, research suggests that success of this sort depends upon two conditions being met: (1) the company must have ample resources available and (2) its recent performance must be strong.
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Options exist when the owner of the option has
A. the obligation, but not the right to engage in a transaction. B. the right, but not the obligation to engage in a transaction. C. neither the right nor the obligation to engage in a transaction. D. the right and obligation to engage in a transaction.
In 2008, Starbucks placed a red light on 600 planned openings. Starbucks says it was excused from the leases because of economic conditions. Landlords note that Starbucks is driving down property values by allowing the leased spots to lie fallow. The
landlords also note that they are victims because Starbucks' expansion plans were too ambitious, even for a good economy. Discuss the social responsibility of Starbucks in this situation.
Enforcement of law in a society is important because it:
a. provides some predictability and uniformity to the boundaries of acceptable conduct b. promotes social well-being c. leads to higher literacy rates d. prevents large disparities in income e. none of the other choices
The Federal Trade Commission cooling-off rule allows purchasers of door-to-door sales of more than $25 to rescind the contract within three days, even if there was no undue influence used in the sale
a. True b. False Indicate whether the statement is true or false