The Reversal of the Trend for Diversification Around 1980 Was

question 24

Multiple Choice

The reversal of the trend for diversification around 1980 was probably precipitated by:

• A)A realisation that CEOs had been operating in their own interests
• B)High interest rates, slow real growth, and lower inflation
• C)Pressure from pension funds
• D)New theories on management thinking from leading academics

Grasp the concept and implications of manager-led versus self-directing teams.

Recognize the defining attributes of teams and different types of team structures.

Understand the challenges and benefits associated with building and maintaining effective teams.

Understand the concept and application of single-loop and double-loop learning in teams.

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Definitions:

Psychodynamic

Pertaining to a psychological perspective that emphasizes unconscious psychological processes and childhood experiences in shaping behavior and personality.

Reciprocal Determinism

A concept proposed by psychologist Albert Bandura, suggesting that a person's behavior both influences and is influenced by personal factors and the social environment.

Kindness

The quality of being friendly, generous, and considerate, often manifested in actions designed to help or benefit others.

Diligence

Persistent and hardworking effort in doing something.