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A- Z Planning (Scenario)

question 94

Multiple Choice

A- Z Planning (Scenario)
Organizations ABC and XYZ are both in the same industry and compete for the same set of customers in the marketplace. At ABC, the plans are made at the top level of management each year and then are formulated for and announced to each of the mid- level and first- level managers. At XYZ, the plans are made at the top, and then those managers meet with their subordinates at the next level and mutually agreed- to goals are established with them. The mid- level managers then meet with their first- level managers and mutually agreed- to goals are established with them. Finally, the first- level managers meet with each of their employees and mutually agreed- to goals are established with them.
-XYZ also follows a management by objectives (MBO) approach to goal setting. The managers and employees specify and agree upon ___________, which define how objectives are to be achieved.

Analyze the role of past consideration in contract law and its typical exclusion from forming valid consideration.

Acquire knowledge of special circumstances where courts might intervene in contract agreements, focusing on fairness and legalities involved.

Understand the implications of different organizational structures and departmentations on quality, coordination, and adaptability.

Comprehend the principles of total quality management and their application within organizations.

Definitions:

Norm Of Reciprocity

A social principle that suggests individuals respond to others in a manner that mirrors how they were treated.

Indebted

refers to the state of owing something, typically money, to another person or entity, resulting in a financial obligation.

Followership

Is defined as the behaviors of individuals acting in relation to leaders.

Co-produce

The act of collaborating or working together to produce a result or outcome, often seen in contexts where inputs from various sources are integrated.