Which of the following statements is true of traditional goal setting?
A. Traditional goal setting assumes that employees know best and employs a bottom-up approach of setting organizational goals.
B. Evaluation of performance is carried out concurrently with the flow of goals through the organization.
C. Goals defined narrowly by top managers need to be made more directional as they flow down through the organization.
D. Managers at each level define goals and apply their own interpretations and biases as they make them more specific.
Answer: D
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One method for creating an activity network is to construct an ______ representation.
A. activity on node (AON) B. activity on activity (AOA) C. activity on cessation (AOC) D. activity on termination (AOT)
(CMA adapted, Jun 97 #14) Refer to the Devlin Company example. Assuming there are no preferred stock dividends in arrears, Devlin Company's return on common shareholders' equity for the year ended May 31, Year 7, was
a. 6.3 percent b. 7.5 percent c. 7.8 percent d. 10.5 percent e. 15.5 percent
Explain the phrase “carrot and stick.”
What will be an ideal response?
The probability that we will be in a future state, given a current or existing state, is called
A) state probability. B) prior probability. C) steady state probability. D) joint probability. E) transition probability.