
Organizational Behavior
4th Edition
ISBN: 9781259927676
Author: MCSHANE, Steven Lattimore, Von Glinow, Mary Ann Young, Mary Ann.
Publisher: Mcgraw-hill Education,
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Chapter 4, Problem 3LO
Summary Introduction
To discuss: The strategies to upsurge organizational commitment and consequences of work dissatisfaction.
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Chester has negotiated a new labor contract for the next round that will affect the cost for their product Camp. Labor costs will go from $3.65 to $4.15 per unit. Assume all period and variable costs as reported on Chester's Income Statement remain the same. If Chester were to pass on half the new labor costs to their customers, how many units of product Camp would need to be sold next round to break even on the product?
Select : 1
a) 1,826
b) 1,916
c) 1,743
d) 2,428
Premises:
Alpha, Inc. has contemplated taking over a similar but less well-known corporation.
If the merger takes place, Alpha, Inc. will probably change its name and temporarily lower its prices.
If the prices are reduced, more merchandise is expected to be purchased.
If more merchandise is purchased, more employees will be hired.
Alpha, Inc. took over the less well-known corporation.
Conclusion:Alpha, Inc. was renamed and more employees were hired.
Options:
Necessarily true.
Probably, but not necessarily, true.
Indeterminable, cannot be determined.
Probably, but not necessarily, false.
Necessarily false.
You are the newly appointed CEO of TechSouth, a South African multinational technology company based in Cape Town. TechSouth specialises in manufacturing smartphones, laptops, and smart home devices. The company has a significant presence in the African market and has recently expanded into Europe and Asia. However, TechSouth is facing several critical challenges:· Declining Market Share - Over the past three years, TechSouth has lost considerable market share to both localcompetitors and international giants like Samsung and Apple. The company's products are perceived as outdated and lacking innovation.· Employee Engagement Issues - Recent employee surveys indicate low morale and engagement levels, particularly among the younger workforce, leading to high turnover rates. Many employees feel disconnected from the company's vision and mission.· Siloed Departments - The organizational structure at TechSouth is highly siloed, with departments operatingindependently rather than…
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Organizational Behavior
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Similar questions
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- Geert Hofstede's cultural dimensions theory is a framework for cross-cultural communication, which describes the effects of a society's culture on the values of its members, and how these values relate to behavior. The four dimensions that Hofstede identified are: power distance, uncertainty avoidance, masculinity vs. femininity, and individualism vs. collectivism. According to Hofstede's research, the Philippines scores high on the Power Distance Index (PDI), which means that the society accepts an unequal distribution of power and people understand their place in the system. The Uncertainty Avoidance Index (UAI) is also high, indicating that the society does not tolerate uncertainty and ambiguity, and tries to minimize the possibility of such situations by strict laws and rules, safety and security measures. The country scores low on the Individualism (IDV) dimension, which means that the society is Collectivist as compared to Individualist. This is manifest in a close…arrow_forwardHow would you monitor the strategy process to ensure that your strategic initiative succeeds? What should be monitored and why? Which Key Performance Indicators (KPIs) needed to be measured and monitored?arrow_forwardCompare and contrast descriptive statistics and inferential statistics. Explain the relationship of population, sampling frame, sampling design, and generalization.arrow_forward
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