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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16. An operational plan can be defined as a plan prepared by a component of an organization that clearly defines actions it will take to support the strategic objectives and plans of upper management. (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
Answer all questions. Two years ago, Gracias Ltd. placed job adverts to which a lot of applications were received, and selections made. The various departmental heads recently held a meeting to assess the selection decisions made. The following were some of the assessments made, and after each of them, indicate the appropriate selection decision outcome. a. "Do you recall the lady by name Stacy?!", exclaimed the accountant. "She did not appear ready for the job during the interview and so we did not employ her My goodness! She is doing wonders at Meltice Ltd. Ah! I think we made a big mistake by concentrating only on one aspect of the selection process and eventually rejecting her". This selection decision outcome is. b. The name of John Jon came up during the reviews. This gentleman looked like someone who could be trusted with every valuable of the company. I did so well at the interview too, but for some inexplicable reason, he was not selected. His name is now all over…
Question 1 Four basic functions of management are Select one: a. Cooperating, organizing, planning and leading b. Controlling, leading, planning and organizing c. Motivating, organizing, planning and leading d. Cooperating, motivating, planning and leading Question 2 In the acronym PESTEL ( i.e.PESTEL analysis), the P is for: Select one: a. Planning b. Political c. Procedure d. Principle Question 3 On the law books, there are fines, although small, that speaks to the improper disposal of business waste to prevent ill-health issues in the environment and to its citizens. There is no law that speaks to the individual waste disposal. Based on this, would you conclude that Select one: a. What is legal is ethical b. What is ethical is illegal c. laws are not necessary for waste disposal d. all of the above Question 4 A code of ethics in an organization Select one: a. guarantees employees will act in an ethical manner. b. describes what is…
Performance Appraisal includes:- Question 19Answer a. Top down assessments b. Annual Appraisal c. Focus on quantified objectives d. All of the above
New Trend in the Performance Measurement System How corporate organizations respon to emerging trends (Example) How the changes impact their business performance in the challenging contemporary business environment (Example) Identify the new approaches adopted to manage the changes (Example)
Q18
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Course: Management Informatin Systems 1 This activity demonstrates how to create graphics to enhance the presentation of quantitative data Scenario The sales manager for a small manufacturer is interested in marketing the company's rain coat line in a new area of the country. As a first step to establishing a marketing plan she has asked you to produce some graphs showing the market share of the products sold over the past several years in the region. Analysis After some research, you acquire the approximate sales for each of the competing products presently in the region under consideration (See the data given below). The question now is to show how best to organize the data to take advantage of a graphical analysis. Pie charts give a quick overview of the market share "slices” each competitor presently enjoys. So you decide to use a pie chart to graph the most recent year's sales data for the region. This will give a good indication of just who the market leaders are and how crowded…
Quantitative Methods II - Question 1B. Please answer 1, ii, iii. Thank you
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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)