Matching A High-Ranking Manager Interviewed Six Employees for a Promotion.Each Employee

question 124

Multiple Choice

Matching
A high-ranking manager interviewed six employees for a promotion.Each employee, at the end of his or her interview, offered one of the following final appeals.Match each appeal with the upward influence tactic it most clearly illustrates.
-​exchange

• A)​"I've always looked up to your leadership.Regardless of who gets this promotion, I know that as long as you stay at the helm, this department will be successful."
• B)​"You can't go wrong with any of the candidates.However, I personally wrote the software whose continued improvement the person who gets this position will need to manage, so I'd be the most likely candidate to complete projects quickly and without errors."
• C)"I talked to everyone in the marketing department and they were really excited by the prospect of having me in this role.I think they really support my candidacy, so I hope you choose me."
• D)​"If you give me this promotion, I will cook you the greatest dinner you have ever had in your life for a week straight."
• E)​"I know I'm the best, and you know I'm the best, so give me the promotion.Just give it to me!"
• F)​​[Say nothing, then go to the manager's boss and ask him to force the manager to give you the promotion.]

Understand that the cost of equity is an estimate and not directly observable in the financial markets.

Know the variables affecting the security market line (SML) approach to estimating expected return on a risky asset.

Differentiate between the after-tax cost of debt and the yield to maturity concerning bond prices and interest rates.

Understand how the SML approach assumes constancy in the reward-to-risk ratio and its implications for a firm's cost of equity.

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Definitions:

Direct Labor Standards

The benchmarks set for the cost and amount of direct labor needed to produce a product or service, used for budgeting and performance evaluations.

Actual Direct Labor Cost

The total expense of labor directly involved in the manufacturing of a product, excluding indirect costs such as supervisory personnel.

Variable Overhead Rate Variance

The difference between the actual variable overhead incurred and the expected (or standard) variable overhead based on the actual level of activity.

Variable Overhead

Costs that fluctuate with production output levels, such as utilities or indirect materials, but are not directly tied to specific units produced.