Short Case Scenario 16-1

question 141

Essay

Short Case Scenario 16-1
Jessica is looking forward to a family reunion at the beach. She is the first in her family to have graduated from college. She started her studies at the local community college and transferred to a prestigious private college several hours from her family's home. Jessica's major in college was business administration with a concentration in finance.
As she approaches the beach house where her family will be staying, Jessica is glad that her days of being quizzed and tested are over. She is looking forward to an opportunity to relax and to put her brain on "pause." However, Jessica's family has other plans for her. Almost before she emerges from her car, the questions begin.
Jessica's great-aunt Irene is hoping for a little investment advice. Irene explains, "One of my CDs has recently matured and I'm hoping to roll it into an investment where I might make a little more interest. Your cousin Eddie has suggested that I invest in bonds, but I'm not sure what to think. You know, dear, Eddie's never been very bright and I'd be foolish to take his advice without a little more information.
-Should Jessica advise her Aunt Irene to become an angel investor for Jessica's brother's partnership?

Identify the components and benefits of a project team within an organization.

Recognize the defining features of a bureaucracy and its impact on organizational effectiveness.

Comprehend the principles and disadvantages of mechanistic organizational designs.

Appreciate the strategic value and function of strategic alliances and cooperative structures.

---

Definitions:

Eric Church

A country music singer-songwriter known for his blend of country, rock, and blues, and hits such as "Springsteen" and "Drink in My Hand."

Social Cognitive Perspective

A theoretical framework that emphasizes the role of cognitive processes in understanding and responding to the social world.

Mental Processes

Internal cognitive operations that include thinking, remembering, learning, and using language.

Schema-Based

Relating to or involving schemas, which are cognitive frameworks or concepts that help organize and interpret information.