Business

The Salter sisters, CEO and COO of Salter Sisters Sweets, have asked t

QUESTION The Salter sisters, CEO and COO of Salter Sisters Sweets, have asked their operations director for his reaction to their latest idea: a marshmallow snowman with a chocolate center that melts into a gooey, messy puddle to be scooped up by animal-shaped cookies. The operations director thinks that when melted too long, marshmallow hardens […]

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Date: September 3rd, 2020

Transactional leaders are concerned with setting goals, clarifying emp

QUESTION Transactional leaders are concerned with setting goals, clarifying employee roles, providing rewards and punishments related to performance, and monitoring progress. Indicate whether the statement is true or false.   ANSWER Answer: TRUE Explanation: Transactional leadership focuses on creating a smooth-running organization, motivating employees to meet performance goals.

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Date: September 3rd, 2020

People who are from similar backgrounds and from similar sectors of th

QUESTION People who are from similar backgrounds and from similar sectors of the company tend to have a set of familiar ideas and work with the same set of unspoken assumptions. This mindset may lead to rejecting different ideas without fair examination. What is this phenomenon called? A) ignoring randomness bias B) overconfidence bias C) […]

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Date: September 3rd, 2020

Control, or monitoring performance, is a way of answering the question

QUESTION Control, or monitoring performance, is a way of answering the question “Are we on track?” Indicate whether the statement is true or false.   ANSWER Answer: TRUE Explanation: Control entails comparing actual performance with goals, and taking corrective action as needed. Making sure that performance meets goals means being concerned with achieving productivity and […]

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Date: September 3rd, 2020

A sales team has been regularly convening to brainstorm better ways to

QUESTION A sales team has been regularly convening to brainstorm better ways to reach out to customers. After a few months, they have come up with only one or two workable ideas. Their manager is wondering what is behind their slow progress. Which of the following is the most likely reason for the team’s slow […]

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Date: September 3rd, 2020