Each Year,Honeywell Asks Every Department Manager to Rate His or Her

question 5

Multiple Choice

Each year,Honeywell asks every department manager to rate his or her department's strengths and weaknesses as well as those of the other departments with which the department interacts. Then each department manager is asked what he or she sees as the greatest threats and opportunities for the company. Honeywell is asking its department managers to engage in a(n) .

• A)functional planning session
• B)market analysis
• C)SWOT analysis
• D)compatibility assessment

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Definitions:

Motivational Impact

The influence that certain actions or changes can have on the level of motivation within individuals or groups.

Profit-sharing

A financial incentive strategy where employees receive a share of the company's profits in addition to their regular compensation.

Net Profits

The amount of money that remains from revenues after all operating expenses, taxes, and interest have been deducted.