A Manager Listens to His Boss Telling Him of a Time

question 50

Multiple Choice

A manager listens to his boss telling him of a time he tried to implement change and failed because he did not involve his employees.The manager thinks to himself 'when I implement change I'm going to involve my employees in the decision!' This scenario is an example of Fulop and Rifkin's (1999) concept of ______.

• A)learning by doing
• B)stories
• C)copycatting
• D)popular accounts

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Definitions:

Future Earnings

Refers to the anticipated income or profit that a person, company, or investment is expected to generate in the future.

Entire Economy

All the economic activities and interactions that take place within a country, including production, consumption, investment, and trade.

Individual Stock

A share representing ownership in a specific company, entitling the holder to a claim on part of the company’s assets and earnings.