Strategic planning should communicate not only general goals about growth and profits but also
A. how to pay for them
B. ways to increase organizational synergy
C. how to increase market share
D. ways to achieve them
E. methods related to MBO
D. ways to achieve them
"Strategic planning requires visionary and directional thinking," says one authority. It should communicate not only general goals about growth and profits but also ways to achieve them.
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Answer the following statements true (T) or false (F)
1. Mumford’s skills model of leadership was designed to determine the competencies needed for effective leader performance. 2. Technical skills grow in importance as one moves up the managerial hierarchy. 3. According to Katz’s three skill model, human skills are important at all levels of management. 4. Mumford's research studied military personnel rather than business leaders. 5. The skills approach suggests that many individuals have the potential for leadership.
Which one of the following statements is TRUE?
A. A manager avoiding a positive NPV but risky project is an example of a manager-shareholder conflict. B. Management is said to be entrenched when the company is doing badly and is "stuck in a rut." C. A quarter-end bonus is an example of a nonpecuniary benefit. D. A company's matching contribution to a retirement plan is a nonpecuniary benefit. E. Company sponsorship of a local charity is an example of a nonpecuniary benefit.
If work is usually done under the employer's direction, this indicates independent-contractor status
Indicate whether the statement is true or false
Herzberg's two-factor theory argues that success-sharing plans will be motivating, while at-risk plans will be demotivating.
Answer the following statement true (T) or false (F)