Carmen knows that she will not have bonus dollars to reward her high-performing management team this year due to a shortfall in company profits. Furthermore, a companywide hiring and promotion freeze will prohibit her from hiring entry-level workers to allow existing staff to be promoted to higher levels. In response, she has arranged for her management team to attend the annual corporate planning meeting, affording them a unique opportunity to interact with and gain recognition by company executives. She has instituted this nonmonetary reward because
A. according to McClelland, managers need no motivation.
B. she wanted her staff to perceive that good performance will be rewarded with a bonus, for example, instrumentality.
C. according to Herzberg, motivated workers do not need intrinsic rewards, for example, motivators.
D. according to Herzberg, motivated workers do not need extrinsic rewards, for example, hygiene factors.
E. nonmonetary rewards can motivate when pay and promotions are scarce.
Answer: E
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Sony launched an online campaign that prompted people to visit the Sony website. In order to evaluate the success of the campaign, Sony should
a. compare demand before and after the campaign was launched. b. measure sales and profitability after the campaign was launched. c. monitor web traffic during the campaign. d. monitor the website to see if web traffic increased after the launch of the campaign. e. compare sales before and after the campaign was launched.
Monitoring allows a manager to ensure effective, productive performance by preventing the loss of productivity to inappropriate technology use.
Answer the following statement true (T) or false (F)
A social network is an online community that promotes sharing of content among users
Indicate whether the statement is true or false
George made an offer to Jacob to sell his house for $1 million. The offer was received by Jacob on May 1, 2014, and he stipulated that he had 13 days to accept it
But Jacob could not arrange the money, and on May 16, 2014 he made a counteroffer to buy the house for $850,000. Which of the following is true of the original offer made by George to Jacob? A) It is terminated by the counteroffer. B) It is still valid as the house has not been sold. C) It is invalid due to lapse of the stated time. D) It is invalid due to incompetency of the offeree.