UNDERSTANDING BUSINESS: SIMNET >IC<
UNDERSTANDING BUSINESS: SIMNET >IC<
12th Edition
ISBN: 9781307367065
Author: Nickels
Publisher: MCG/CREATE
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Chapter 7, Problem 3VC
Summary Introduction

To determine: The reason for which the team leaders at Z Company are required to spend 20% of their time with their teams outside the work environment.

Case summary: Z Company was launched during the dot-com boom. Z Company ranked number 6th in 2010 as one of the best places to work. Z Company was the first company at that time which provides online products. A Company purchased Z Company in 2010 for $1.2 billion. Core values of Z Company is continue to be followed by A Company. The Team leaders are required to spend at least 20% of time off the job with the team members. The core values help to maintain the good image of the company.

Characters in the case: The characters that in the case are Z Company, T CEO of Z Company.

Adequate information: The Z Company has annual revenue of $1 billion in 2010 and was ranked 6th by F Magazine as one of the best places to work.

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