Examlex
SCENARIO 1-2 Sheena Black, manager of operations at New Age Manufacturing and Services Inc., is facing the challenge of keeping the company's manufacturing operations profitable while keeping costs down and employees satisfied with their jobs.Over the years, Sheena has developed a leadership style that she calls a "walk-about" manager-she spends time on the plant floor observing and assisting employees and other managers as necessary.She has also adopted a series of contingency plans to guide problem solving in unusual situations.
Sheena Black knows that her organization's success is dependent upon understanding the various disciplines which have contributed to the field of organizational behaviour.She knows that the next several years will require some major changes not only in the technology used by the company, but in the establishment of programs and initiatives to assist other managers and employees in overcoming workplace challenges.Sheena has identified the following priorities she will need to address:
-Empowering employees to enable them to assume greater responsibility and share decision making;
-Facilitating a2n improved climate of quality and excellence to challenge competitors in the marketplace;
-Developing a new style of leadership and management which will value diversity and respect individuals in a supportive type of environment; and
-Carefully examining the whole realm of working conditions and devising strategies to create better job satisfaction and keep employee loyalty.
Sheena is also aware that training must become a major focus so that employees can develop new skills and managers can learn new ways of dealing with the problems of combining technology and human effort.
Sheena decided to improve company effectiveness by increasing employee job satisfaction.Sheena can accomplish this by encouraging her managers to
Marginal Revenue
The additional income gained from selling one more unit of a product or service, crucial in determining the optimal level of output for a company.
Marginal Cost
The extra expense associated with manufacturing an additional unit of a product or service.
Oligopolistic Firm
A company operating in an oligopoly market structure, characterized by a few firms dominating the market, leading to specific behaviors like pricing collusion or competition.
Price Charge
The amount of money demanded by a seller for a product or service, essentially the cost to the buyer.
Q3: If you consider following a logical, prioritized
Q9: Herzberg investigated which of the following questions<br>A)What
Q10: Single day diversity training programs almost always
Q26: The basic motivation of multinational companies, as
Q55: The most risky aspect of changing product
Q72: Which of the following is NOT a
Q87: Toronto-based Dell Canada's technical service lines are
Q96: In McClelland's theory of needs, the need
Q96: John usually responds positively when asked to
Q123: If you expect older workers to be