When Researching the Job Market

question 15

Multiple Choice

When researching the job market,

• A) go straight to the Internet and randomly search through as many Web sites as possible.
• B) never send out unsolicited application letters.
• C) consult reference materials specific to the industry.
• D) avoid talking to friends and family members about your search.
• E) do not make use of social networking sites.

Appreciate the importance of negotiation, conflict resolution, and understanding others’ goals in exercising power effectively.

Recognize the importance of personal development strategies within professional settings.

Distinct the concepts of reward power from coercive power and their respective impacts on organizational effectiveness.

Realize the implications of authority, specifically referent power and its scope in the workplace.

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Definitions:

Stockholders' Equity

The residual interest in the assets of a corporation that remains after deducting its liabilities.

Sales

The activities involved in selling products or services, or the total amount of goods or services sold.

Decentralization

The delegation of decision-making authority throughout an organization by providing managers with the authority to make decisions relating to their area of responsibility.

Added Decision-Making Authority

Refers to the increase in power or responsibility given to an individual or group to make decisions affecting organizational activities or processes.