UNDERSTANDING MANAGEMENT-MINDTAP
UNDERSTANDING MANAGEMENT-MINDTAP
11th Edition
ISBN: 2818440049460
Author: DAFT
Publisher: CENGAGE L
bartleby

Concept explainers

Question
Book Icon
Chapter 12, Problem 2AYSGL
Summary Introduction

To determine:

The play activities and leisure activities of individuals from all the four groups based on the information from the class presentations.

Blurred answer
Students have asked these similar questions
What is a good response to this post? When planning for global expansion into Italy, it's important to understand the cultural differences between Italy and the United States as outlined by Hofstede’s four dimensions. Italy and the U.S. exhibit comparable scores in Power Distance, reflecting a similar approval of hierarchical systems and authority in organizations. Both cultures acknowledge the importance of leadership roles while also respecting egalitarian principles. The U.S. scores higher in individualism compared to Italy, indicating a strong focus on personal achievements and independence. In contrast, while Italy is still individualistic, it places a greater emphasis on family and close-knit relationships. This suggests that in Italy, business decisions may be impacted more by familial ties and personal networks than they are in the U.S. Both countries show high masculinity scores, reflecting a cultural preference for competitiveness, achievement, and material success. This…
What is a good response to this post? For this discussion, I will share an example from the company I work for, referring back to the example I shared in week one concerning the ATM upgrade and debit card changes. When our company switched ATM and debit card processors, so did our process for fraud disputes. Initially, when a member’s card was frauded, they would come into the branch, we would refund their money under provisional credit, and then send off the dispute to the processor for them. This process worked well most of the time, but in the instances where a member claimed fraud and the processing company determined it was not fraud, their money was then taken back. With the new system, it is up to the member to file their own dispute, and they now have to wait 45-60 days to receive a refund if they are frauded. Due to the sheer uptick in fraudulent behavior, this was a smart choice for the credit union because one department cannot simply keep up, and outsourcing to a third…
What is a good response to this post? Business Process Reengineering (BPR) is the fundamental transformation of business processes to bring about dramatic performance improvement in areas of critical measurements such as cost, quality, service, and speed. A classic example of successful BPR is Ford Motor Company's reengineering of its accounts payable process. Ford's accounts payable function during the 1980s was labor-intensive and inefficient, employing some 500 workers. The company reengineered this process by implementing an invoice-less system where purchasing orders were put in an online database accessible to both the suppliers and the receiving department. At delivery, the receiving department would compare the goods with the purchase order on the system. When they matched, the system would authorize payment automatically, eliminating manual matching and the associated errors. This reengineering led to a reduction of 75% in the accounts payable personnel, with substantial cost…
Knowledge Booster
Background pattern image
Management
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Understanding Management (MindTap Course List)
Management
ISBN:9781305502215
Author:Richard L. Daft, Dorothy Marcic
Publisher:Cengage Learning
Text book image
Management, Loose-Leaf Version
Management
ISBN:9781305969308
Author:Richard L. Daft
Publisher:South-Western College Pub