tps://learn.umg8for help, etc.. Make sure that you are specific in your response.▪ You must use course material to support your responses and APAin-text citations with a reference list.The Five Scenarios• You are a state governor. An influential political group's leadercomes to meet with you, asking for more money to be spent onshelters for the homeless, on programs to help them get jobs, andon community mental-health programs. You know there is verylittle money in the state budget to help with new programs. Youalso know that come election day you will need the group's help.Should you make a promise to the leader to help or not?1+1Imagine you are a physician making a decision on behalf of apatient who has left the matter up to you. The patient has anunusual infection, which lasts for a short time. The infection has a15% chance of causing permanent brain damage. You mayundertake a procedure that will prevent brain damage from theinfection (with 100% probability). However, the procedure itselfhan a nno akanan at arraina buain damama iknalf Charild.caSubmit53 FMostly clearCancel- Q SearchPa

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Answered: The Five Scenarios B You are a state…

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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Did I do this question correctly? If not please show where I went wrong and how to fix it. The government is auctioning off oil leases at two sites. At each site, 150,000 acres of land are to be auctioned. Cliff Ewing, Blake Barnes, and Alexis Pickens are bidding for the oil. Government rules state that no bidder can receive more than 45% of the land being auctioned. Cliff has bid $2000 per acre for site 1 land and $1000 per acre for site 2 land. Blake has bid $1800 per acre for site 1 land and $1500 per acre for site 2 land. Alexis has bid $1900 per acre for site 1 land and $1300 per acre for site 2 land. a. Determine how to maximize the government’s revenue with a transportation model. b. Use SolverTable to see how changes in the government’s rule on 45% of all land being auctioned affect the optimal revenue. Why can the optimal revenue not decrease if this percentage required increases? Why can the optimal revenue not increase if this percentage required decreases?
How to respond to this in 100 words. Organizational commitment refers to the degree of loyalty employees feel toward an organization (Randall 2023). In the field of industrial and organizational psychology, it is also known as the connection or attachment employees have with their organization. Organizational commitment and employee engagement are similar, but differ in one key way. Employees who are committed to their organization feel connected and attached, while engaged employees have extrinsic and intrinsic factors keeping them motivated to work. Employees can be committed to the organization and still be mediocre performers. Organizational commitment plays a role in many different aspects of managing people. It influences productivity, employee satisfaction, turnover, performance, culture, employee relations, and many other components of an organization (Randall 2023). This is a very personal post for me because my organization, Memphis Light, Gas and Water, is currently…
Always set the right example—when leaders (or marketers) set a poor standard, teams tend to perform poorly, too. Use ethical thinking to promote preventing problems—it is not enough to simply say whether something is ethical. Leaders (or marketers) must be able to instill an understanding that ethical considerations may reduce problems/incidents. The means never justify the ends—leaders (or marketers) are charged with the responsibility of determining whether the means to an end are ethically acceptable. Using these ground rules, create a one-paragraph (approximately 5-7 sentences) philosophy helping marketers ethically lead their teams to a completed promotion
How do I respond to this in 100 words?Rewards are considered a vital key in creating employee devotion to increase performance and consistency (Bose & Maheshwary, 2019). When it comes to rewarding employees for their hard work, Plant Manager Henry Simms has various options available. When trying to motivate employees, they are often offered rewards such as additions to base pay, retirement contributions, commissions, profit sharing, cash bonuses, and meals (Employee, 2021). Employers generally focus on maintaining operating costs for better economic gains, so providing additional monetary rewards can conflict with the firm's goals (Holley et al., 2017). Employees report that they prefer to receive rewards based on individual performance, such as an increase in base pay compared to single lump sums or incentive pay (Holley et al., 2017). Looking at the company budget for employee rewards would ultimately determine how they can be handled. I would recommend offering a lunch to both…
Crisis management is a critical aspect of organizational management that involves responding to and mitigating unexpected events or emergencies that threaten the stability or reputation of the organization. Effective crisis management requires quick decision-making, clear communication, and coordinated action across all levels of the organization. Managers must be prepared to assess the situation rapidly, implement contingency plans, and mobilize resources to address the crisis effectively. Additionally, maintaining transparency and honesty in communication with stakeholders, including employees, customers, and the public, is essential for preserving trust and credibility during times of crisis. By proactively planning for potential risks and developing robust crisis management protocols, organizations can minimize the impact of crises and emerge stronger from adversity. How can organizations cultivate a culture of preparedness and resilience to better navigate unexpected crises?
"A safe space is a place where it is safe to be fully vulnerable with all of your authenticity", mention as many ways you can create a safe space for your friends and family, and explain briefly how it will affect their emotional health
In which of these situations would an estoppel certificate be used? Stacy is purchasing a new build and wants to ensure it meets building code. Steve is behind on his mortgage payments and the lender is going to foreclose. Scott is assuming a loan and the title company needs to verify a loan balance. Serafina is paying cash to put in a pool.
Imagine that you have an exemplary team member who deserves a 20% raise based on their performance and dedication during the Covid-19 pandemic. You would love to give them the raise they deserve, but there isn't room in the current budget because of the belt-tightening your company had to do during the Pandemic. Use this opportunity to practice positive communication with employees and email this team member thanking them for their stellar performance. Tell them in the email that you wish you could give them the raise they deserve, and then explain why you cannot. Finally, offer them assurances that a raise will be approved once funds are available. Think about the best way to relay this information to the team member. How can you demonstrate good leadership skills in the email?
Assume that you have been asked by the owner of your medium-sized import and export company (200+ people) to develop a more competitive total reward program for different jobs in the company. He says he is concerned that employees complain about being underpaid compared to the market. The owner is concerned about employee retention and that his key employees will leave the company for the competition if he does nothing. Outline the steps you will follow to develop a more competitive total reward program. Make sure to give a rationale for the type of job evaluation system and market survey method you propose. The jobs the owner is most concerned about are: • Shipping and Receiving Manager and • Shipping and Receiving Clerk
An organization has a staffing strategy in which it hires 10% more employees than it needs in any job category to ensure its hiring needs are met. Leaders in the organization reason that some of the new hires will renege on the accepted offer and that the organization can renege on some of its offers, if needed, in order to end up with the right number of new hires. Evaluate this strategy from an ethical perspective. Explain.
Write at least 100 words about the following topic. Situation: Imagine that you are a reporter and there is a festival in Salalah. Write about the main events for your school magazine. Your writing should be oleak and well organized.
2. It’s your final semester in college and you’re going through several interviews with recruiters on campus. Among the opportunities that you are interviewing for is an entry-level position as a data analyst with a large accounting firm. You have been told during the initial interview that the firm uses a personality assessment as part of their selection process. You feel that this job requires someone who is very high in introversion since it involves a lot of individual work involving analysis of data on the one hand, but that in potential future roles on an audit team, one would need a high level of extroversion dealing with colleagues on the team and with clients. You have a high level of technical ability and can concentrate on tasks for long periods and also feel that you are sociable, but perhaps not as much as some other students in other disciplines. The opportunity is terrific, it is a great stepping-stone to career advancement, and your faculty adviser is very supportive.…

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