9. James Jessmore is a manager at a local bank. James's management style is best described as entrepreneurial-he is risk neutral. Wynetta George is a customer service representative who reports to James. Wynetta is risk averse. In designing a compensation package for James and Wynetta, which type of compensation arrangement should be emphasized more? James Jessmore a. Performance-based b. Performance-based C. Straight salary d. Straight salary Wynetta George Performance-based Straight salary Performance-based Straight salary

Types of decisions that managers make include all of the following except: a.choosing which products to sell b.designing performance evaluation systems c.setting tax rates d.hiring employees e.All of these are decisions that managers make

Which one of the following statements is TRUE? O a. An example of an agency relationship is when a supervisor hires a forklift operator. b. An example of an agency cost is when the board of directors pays a dividend to shareholders. • c. An example of an agency relationship is when a private individual hires a lawyer to prepare her defense d. An agency cost is the wage required to pay someone who is hired to perform a service. e. The supervisor-emplovee relation between a production line supervisor and a production line operator is

What are the ethical issues that Dunlap's management team mat have created by adopting a short run focus on financial performance for Sunbeam? What lessons could be learned from the outcome?

As a manager, would you use financial incentives to compensate your employees? If so, what would be the keys to using them effectively? If not, then how would you compensate your employees?

Which among the three different compensation models, commission, hybrid, and salary, which model can provide the most rigor of ‘knowing the customer’ and ethical decision making on the part of the financial advisor?

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Q1) Assume Supervisors one of your Finance is being considered for promotion to a Manager position. How might you assess this person's leadership skills? (Short Answer required)

13. With an increase in ________, employee training is important in many companies. A. Technology B. Employees C. Workplace discrimination D. Upper management   14. Training is usually: A. Paid for by the employee B. Provided and paid for by the company C. Free to all participants D. Paid for by a professional trainer   15. An entrepreneur is someone who: A. All of these B. Would rather work for others C. Doesn't mind lower pay as long as he or she can work for him- or her-self D. Assumes the risk of succeeding or failing in business   16. Continue expanding your knowledge: A. Only in areas that interest you B. Only in areas relating to your current job C. In as many areas as possible D. In only areas your boss recommends

You are employed as a Chartered Certified Accountant in an insurance company. You are completing starting your own business. In considering whether or not to start your own business, your current salary level would be Select one: a. A sunk cost b. An incremental cost c. An opportunity cost d. An irrelevant cost