Matthias Wants to Change the Reward System to Be More

question 78

Multiple Choice

Matthias wants to change the reward system to be more team-focused and less individual-focused. He has met with managers at each level, put out an e-mail blast to all employees so no one would be expecting the employee of the month announcement, and he posted the criteria that would be evaluated by a team for the reward. He thought he had covered all of his bases, so when he received an anonymous e-mail from an upset employee about the change, he was caught off guard. What did Matthias NOT realize would be an impact of the change?

• A) how strongly the company needs the proposed change
• B) how any change he made would have an impact across the entire organization
• C) how capable the employees are of handling the change
• D) how pessimistic employees are about the change
• E) how managers deliver the message impacts employees

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Definitions:

Opportunity Cost

Neglecting possible gains from other scenarios by focusing on a singular choice.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision, representing the benefits one could have received by taking a different course of action.

Attending College

The act of enrolling and participating in an academic program at a college or university.

Scarce Resources

Resources that are limited in availability and are not sufficient to satisfy all the various ways a society wants to use them.