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Short Case Scenario 8-1
Bridget Jones has been the manager of the research office at her company for over a year. She is beginning to wonder if she will ever be comfortable in this role. Her employees seem dissatisfied and are not working their hardest. Bridget leaves work most days feeling that there must be a better way to manage.
Remembering the lessons of the Hawthorne studies, Bridget works hard to praise her employees regularly. The work that her employees do is relatively interesting and there are considerable opportunities for advancement and growth. Bridget holds regular staff meetings to get input from her employees before making decisions. In spite of these efforts, Bridget's employees seem to be dissatisfied.
At the company's annual meeting, she runs into Cliff Richards, her predecessor in the job. She shares her frustrations and asks him for advice. Cliff says, "Management is simple-people are naturally lazy and uncooperative. To make them productive, they must be punished for negative behavior and rewarded when they work hard." Bridget finds this hard to accept, but replies with "Thanks for the advice, Cliff. I'll think about what you've said."
-Does the scenario indicate whether Bridget is a Theory Y manager? Explain.
List Prices
The pre-discount price at which goods and services are listed to be sold to customers.
FOB Destination
This term refers to a shipping agreement where the seller bears the shipping costs and remains responsible for the goods until they are delivered to the buyer's location.
Purchase Discount
A deduction that a buyer receives on the invoice price of a purchase if the payment is made within a specified period.
Prepaid Freight
Costs paid in advance for the transportation of goods, often recorded as an asset on the balance sheet until the service is utilized.
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