Use the Information Below to Answer the Following Questions

question 28

Multiple Choice

Use the information below to answer the following questions.
Fact 10.1.1 The Colvin Interview: Chrysler
The key driver of profitability will be that the focus of the company isn't on profitability. Our focus is on the customer. If we can find a way to give customers what they want better than anybody else, then what can stop us?
Source: Fortune, April 14, 2008
-Refer to Fact 10.1.1. In spite of what Chrysler's vice chairman and co-president claims, Chrysler's focus actually is on profitability because

• A)all car firms are greedy.
• B)without profitability the UAW will be unable to negotiate high enough wage rates for its members.
• C)without a focus on profitability, Chrysler will either be eliminated from the market or taken over by another firm.
• D)without a focus on profitability, Chrysler will face an unreasonably high implicit rental rate.
• E)without profitability, Chrysler will not have enough money for research and development.

Understand the factors that influence employee engagement within an organization.

Identify proper and improper management practices in the context of employee dismissal.

Recognize the fallacies and truths in career planning and development.

Learn the steps a manager should take to integrate a new employee effectively into the workplace.

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Definitions:

Robert Frank

An American economist known for his work in the areas of microeconomics and behavioral economics, particularly relating to consumer behavior and the economics of well-being.

Chief Executive Officers

Top executives in charge of managing an organization's overall operations and making major corporate decisions.

Production Worker

An employee engaged in manufacturing goods or operating machinery in a production process.

Income Rises

An increase in the amount of money earned by an individual or household over a period.