In trying to gain their employees' wholehearted commitment to good strategy execution and operating excellence, managers are well advised to use all of the following incentives except _________.
A) adopting promotion-from-within policies and acting on suggestions from employees.
B) creating a work atmosphere in which there is genuine caring and mutual respect among workers and between management and employees.
C) giving awards and public recognition to high performers and showcasing company successes.
D) providing attractive perks and fringe benefits.
E) withholding information from employees about financial performance, strategy, and competitors' actions.
E) withholding information from employees about financial performance, strategy, and competitors' actions.
Some of the most important nonmonetary approaches companies can use to enhance employee motivation include the following: providing attractive perks and fringe benefits; giving awards and public recognition to high performers and showcasing company successes; relying on promotion from within whenever possible; creating a work atmosphere in which there is genuine caring and mutual respect among workers and between management and employees; inviting and acting on ideas and suggestions from employees; stating the strategic vision in inspirational terms that make employees feel they are a part of something worthwhile in a larger social sense; sharing information with employees about financial performance, strategy, operational measures, market conditions, and competitors' actions; and providing a comfortable and attractive working environment.
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André, the plant manager, is interested in increasing the facility's productivity by utilizing MBO so that his managers and their employees are more focused on objectives. This month André asked his managers to concentrate on the two first steps of MBO, which are
A. for managers to develop an action plan and to give employees a performance appraisal. B. for employees to develop an action plan and to study the competition. C. to periodically review performance and to develop an action plan. D. to review each employee's performance and to set an action plan based on performance. E. to jointly set objectives with their employees and to have managers develop action plans.
Barclays Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: Retained earnings balance at the beginning of the year$238,000? Cash dividends declared for the year 51,250? Proceeds from the sale of equipment 87,200? Gain on the sale of equipment 4650? Cash dividends payable at the beginning of the year 22,550? Cash dividends payable at the end of the year 30,500? Net income for the year 112,750? The amount of cash paid for dividends was:
A. $43,300. B. $51,250. C. $61,500. D. $59,700. E. $53,050.
Which of these is a suggested technique for gaining the attention of the audience during the introduction of your presentation?
a. open-ended question b. telling a long story c. offering a quotation d. greeting the audience
Producing and Distributing the new product or idea is the ____________ step in the innovation process?
a. First b. Second c. Third d. Fourth