Chapter 1 Caste Study 1 1. What skills does Black think employees need to work successfully in the area of HR? They must commercial‚ challenging‚ and focused on delivery and excellence. They must understand change and transformation‚ excel at operations‚ and balance tactical and strategic thinking and activity. They should be able to manage and navigate organizational complexity and ambiguities and not be afraid to say no occasionally in order to establish appropriate boundaries with the business
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Chapter 2: Perception Difference between perception and sensation our own “spin” on things is the perception that we get from it. Sensation is the immediate response of our sensory reactions to things Perception is the process by which these sensations are selected‚ organized‚ and interpreted. Perception is what we take away from our raw sensations Example is the cola and the pepsi‚ using only senses‚ we cannot tell the difference between them but if we are to add in perception of the beand
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Problems From Chapter 2 2.12 a) and b) Forecast (86 + 75)/2 (75 + 72)/2 etc = = 80.5 73.5 77.5 107.5 98.5 87.5 100.0 78.5 79.5 95.0 = = Period 3 4 5 6 7 8 9 10 11 12 21.6 717.5 Actual 72 83 132 65 110 90 67 92 98 73 et +8.5 -9.5 -54.5 42.5 -11.5 -2.5 +33.0 -13.5 -18.5 +22.0 c) MAD MSE = = (216)/10 (7175)/10 MAPE = 100 1 n ∑D i ei = 25.61 2.13 Fcst 1 Fcst 2 223 289 430 134 190 550 210 320 390 112 150 490 Demand 256 340 375 110 225 525 Err 1 33 51 -55 -24 35 -25 Err 2 46 20 -15
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Chapter 2: Aid for investment -What is the financing gap? Gap between required investment and domestic saving -Explain the Harold-Domar approach and its failings? GDP growth will be proportional to the share of investment spending in GDP. Its failings are that this model applied more to the short-run business cycle in rich countries. Also‚ he was writing in the aftermath of the Great Depression‚ thus taking high unemployment as given. -True or False. There is no relationship between aid and
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High-performance organizations emphasize all of the following EXCEPT: | Internationally-oriented | The goal of HRM could be stated as | To build organizational performance capacity through people | Employee orientation‚ training‚ and performance appraisal fall under the basic human resource management responsibility of | developing a quality workforce | | Cynthia has always performed well in her job‚ and has received good performance appraisals. She has been denied a promotion
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Chapter 1 1. What positive and negative managerial characteristics does Jamika possess? Positives: She set objectives by ordering Marianne to call both employees to have them to bring in a doctor’s note when they return back to work after having to reschedule the clients hair appointments. She is doing the best she can do by showing leadership by saying to herself that she would take care of the situation personally. Negatives: She didn’t show great communication with her employees that were
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CHAPTER 2 AN INTRODUCTION TO COST TERMS AND PURPOSES 2-20 (15–20 min.) Classification of costs‚ manufacturing sector. Cost object: Type of car assembled (Corolla or Geo Prism) Cost variability: With respect to changes in the number of cars assembled There may be some debate over classifications of individual items‚ especially with regard to cost variability. |Cost Item |D or I |V or F | |A
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business unit (SBU) is a unit of the company that has a separate mission and objectives that can be planned separately from other company businesses Company division Product line within a division Single product or brand 1. Identify key businesses (strategic business units‚ or SBUs) that make up the company 2. Assess the attractiveness of its
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Introduction Howard G. Hendricks‚ the author of Teaching to Change Lives‚ earned his B.A.‚ Wheaton College‚ 1946; Th.M.‚ Dallas Theological Seminary‚ 1950; D.D.‚ Wheaton College‚ 1967; graduate study‚ Dallas Theological Seminary‚ Wheaton College Graduate School‚ Biblical Seminary in New York and has been a professor at Dallas Theological Seminary for over fifty years. He has a passion for teaching and it show in this book. Dr. Hendricks presents us with seven laws or principles rules for teaching
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Chapter 2 1. (a) Using Medtronic as an example‚ explain how a mission statement gives a strategic direction. (b) Create a mission statement for your own career. Answer: (a) A mission statement gives strategic direction by stating the “what” and “how” of a business in a clear‚ concise‚ meaningful‚ inspirational‚ statement that will continue to be relevant in the long-term. Medtronic’s mission statement identifies its customers‚ market‚ products and technology. They stated the business
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