Q5) Assume you are asked todevelop a selection system toassess top managers and all of thecandidates will be coming fromoutside the organization. Whattypes of assessment instrumentswould you propose? (Short Answerrequired)

In order to develop an effective selection system for assessing top managers from outside the…

Answered: Q5) Assume you are asked to develop a…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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A major function of top leaders is coordinating and linking groups, departments, and divisions within a company Question 5 options: True False
Managers can encourage more ethical decision making in their organizations by doing all of the following except: Question 24 options: carefully hiring ethical employees establishing a code of ethics training employees on ethical behavior posting the ethics policy around the building and on the company website
Performance Appraisal includes:- Question 19Answer a. Top down assessments b. Annual Appraisal c. Focus on quantified objectives d. All of the above
5) We offered 50% of our drivers monetary bonuses to increase their activity. Compare the results with the control group and explain if the campaign was successful and should we do it again or not. Condition: Stay online 30 hours and accept 75% of rides. Get 70€ bonus. Control Group Online hours Offline hours Bookings received Bookings successfully completed Bonus Group Online hours Offline hours Bookings received Bookings successfully completed Write here your answer about the results of the campaign Driver 1 15 35 15 13 Driver 55 33 19 29 25 Driver 2 29 21 30 Driver 56 5 55 6 6 Driver 3 17 23 12 10 Driver 57 32 8 19 16 Driver 4 31 19 31 26 Driver 58 32 18 29 26 Driver 5 36 24 44 24 Driver 59 38 22 20 17 Driver 6 14 26 10 12 Driver 60 17 23 10 9 Driver 7 5 40 5 4 Driver 61 4 46 3 3 Driver…
4. Define Performance Appraisal, which technique is a more effective traditional, or modern method for evaluating employee performance? Explain your answer. (traditional and modern method are in photo below)
1.3 Formulate a problem statement for the proposed study.
Scenario You are the product line manager for a snow board manufacturing company based in Provo, Utah. As product line manager for the company’s Xtreme line, you are ultimately responsible for all aspects of production as well as the profitability of the line. You have direct authority over the production, marketing and sales of the company’s Xtreme line of snowboards. The first quarter sales figures are in and you see that sales are down and in several key markets you no longer hold the #1 position. You are concerned that when you attend the quarterly management meeting that this poor performance is going to be a topic of much discussion. Several months ago, you received information from an overseas manufacturer that can manufacture the bindings for the snow board at a fraction of your current cost to produce them in-house. This will lower the cost to produce the Xtreme line allowing the company to increase their margin, lower prices to customers or some combination of both.…

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Q5) Assume you are asked to develop a selection system to assess top managers and all of the candidates will be coming from outside the organization. What types of assessment instruments would you propose? (Short Answer required)