Case Based Critical Thinking Questions Case 1 Your Company Is

question 11

Multiple Choice

Case Based Critical Thinking Questions Case 1 Your company is restructuring its management team and you are in charge of communicating the message to the rest of the company. What is the best way to communicate the new hierarchy of employees in your organization?

• A) Create an organizational chart and send it to the employees.
• B) Send an e-mail message with everyone's name and new position in a list.
• C) Send a broadcast phone message listing everyone's new position.
• D) Let the management team members introduce themselves to all the employees.

Understand Carl Jung's Typology System and its application in personal development.

Understand the concept and types of legally sufficient consideration in contract law.

Recognize the legal implications of promissory estoppel and how it relates to agreements without consideration.

Identify the conditions under which charitable pledges may be considered enforceable contractual obligations.

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Definitions:

Buy Back

A financial transaction in which a company purchases its own shares from the marketplace, reducing the amount of outstanding stock.

Resell

The act of selling a product or service that one has purchased to another buyer, often to achieve a profit or dispose of unwanted goods.

Central Processing Units

The primary component of a computer that performs most of the processing inside a computer to execute instructions from both hardware and software.

Systems Competition

A form of competition that occurs not just between individual products or services, but between entire systems or platforms.