Several Members of Hiroko's Team Feel Frustrated

question 30

Multiple Choice

Several members of Hiroko's team feel frustrated. They had forwarded many viable concepts to management for work process improvements. A few of the concepts were implemented, but most were not, and the team was not told why. Most members have quit trying to come up with innovative ideas. The team seems to have failed due to

• A)lack of interpersonal skills training.
• B)too much responsibility.
• C)lack of empowerment.
• D)employee discrimination.
• E)lack of procedural justice.

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Definitions:

Board of Directors

A group of individuals elected by the shareholders of a corporation to oversee and make major decisions regarding the company's affairs.

Market Value

Market value is the current price at which an asset or service can be bought or sold in the open market.

Sufficient Cash

A condition where a company has enough liquid funds to meet its immediate and short-term obligations.

Cumulative Preferred Stock

Cumulative Preferred Stock is a type of preferred stock where dividends accumulate if not paid in a given year, prioritizing these dividends over common stock dividends in future payments.