According MANAGER'S SHOPTALK in Chapter 14, When a Crisis Strikes

question 44

Multiple Choice

According MANAGER'S SHOPTALK in Chapter 14, when a crisis strikes an organization, managers should do all of the following EXCEPT

• A) be visible and provide up-to-date information
• B) allow employees to be human
• C) thank employees in person for their efforts
• D) get employees started on a major, long-term project
• E) provide professional counseling if possible

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Definitions:

Taxes Paid

Taxes paid refer to the monetary contributions levied by the government on individuals, corporations, and other entities, based on income, property, sales, and other activities.

Laissez-faire

An economic philosophy of free-market capitalism that opposes government intervention in the marketplace.

Active Government Intervention

The involvement of the government in the economy to correct market failures, redistribute resources, or stabilize the economy.

Fiscal Policy

Government policies regarding taxation and spending that are used to influence economic conditions, including levels of employment, inflation, and economic growth.