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

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?

Consider the following example. A risk-neutral worker can choose high or low effort. The manager cannot observe the worker's action, but the manager can observe the realized revenue for the firm (either $100 or $200). The probability of each revenue depends on the worker's effort: Low effort: cost of effort: $0 probability of low revenue ($100): 75% probability of high revenue ($200): 25% High effort: cost of effort : $11 probability of low revenue ($100): 25% probability of high revenue ($200) : 75% The manager offers to give the worker a flat wage of $10 and a bonus of $20 if revenue is high. Given this payment scheme, the worker will put in ✓ effort. The firm's expected profit is $ The firm is considering an investment that would increase worker morale. By making work more enjoyable, the program would reduce the worker's cost of effort from $11 to $9. If it costs the firm $20 to implement this program, the firm's expected profit if they implement the program is $ ✓. The firm…

A CEO is considering whether to invest in Developing leadership capabilities in its managers. To make this determination, which of the following should he take into account? O People with strong leadership skills perform managerial functions more efficiently. O Improving managers' leadership skills will enable them to solve problems more effectively. O How leaders behave has a major impact on employee performance. O The attitudes of leaders have little effect on the attitudes of rank-and-file employees Identify the trait as one of either a manager or a leader. Trait Is concerned with "doing things right" Has a long-term perspective Solves problems Manager Leader ° O °

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?

62) Agency Theory suggests: A) The interests of the managers are aligned with the interest of stockholders. B) The management is focuses on looking after its own self interest rather than focusing on the interest of the stockholders. c) Managers would never spend stockholder money on their own comforts. d) Stockholders reward managers with larger office space and many incentives to encourage them to perform well.

As a Human Resource Consultant, you have been commissioned to develop a LeadershipDevelopment Plan for Douglas and Associates Construction Limited. This plan should encompass thefollowing components:1. The Role of Leadership in Employee Motivation: Examine how effective leadership contributes toenhancing employee motivation within the organization. 2. Identification of the most appropriate leadership style: Determine the leadership style that is mostsuitable for Douglas and Associates, considering the company’s culture and operational needs. 3. Recommendations for a Leadership Development Plan: Propose a comprehensive leadershipdevelopment strategy that outlines three (3) specific training initiatives aimed at fostering leadershipskills within the organisation

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

how could MIN() and MAX()In excell benefit a small business?  Create an example where knowing such value may help a manager make a smart business decision.

1. A good team member is one who does his or her job in a ________ manner. A. Open B. Productive C. Fast D. Aggressive   2. Each activity you perform for your team should: A. Meet your personal objective and goal B. Meet the objectives of your customers C. Meet the quality standards of your customers D. Support the team's objective and goal   3. ________ teams are comprised of individuals who get together outside of the formal organizational structure to accomplish a goal. A. Semiformal B. Multifunctional C. Informal D. Functional