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SCENARIO 3-1 Making sense of behaviour in organizations is challenging at the best of times.Many changes occur on almost a daily basis, which affects a company's ability to compete and maintain profitability while at the same time paying attention to employee needs, globalization and increasing multiculturalism.
Jack Fraser, director of human resources at Central Telecom, decided he wished to take some further training and join managers from other organizations to learn about the forces that shape workplace diversity.During his training sessions, Jack became keenly aware of the many factors that cause and contribute to diversity and what some of the impacts are upon employees individually and collectively.
Jack determined that if Central Telecom is to keep pace with the competition and provide a good place for employees to work and also retain their services over the longer term, he would have to develop some sort of program and standards to facilitate the process.Good dialogue with company personnel, accurate information from others with similar experiences, and a dedication toward a quality work life would all assist in this direction.
Sensitive issues centered on employee values and attitudes would have to be carefully addressed and the impact from the larger society considered and incorporated.In short, Jack needs to grasp not only a full understanding of organizational dynamics, but must use his experience and expertise to apply the process to his company.
Despite the fact that Jack is focusing on diversity issues, he realizes that employees at Central Telecom also must have job satisfaction if productivity is to increase and if employees are to be retained over the long term.Which of the following factors will Jack ignore as he designs his plan to increase job satisfaction
Cash Flow
The net amount of cash and cash-equivalents being transferred into and out of a business, reflecting its operational, investing, and financing activities.
Total Assets Ratio
A financial metric used to evaluate a company's financial health by comparing its total assets to its total liabilities.
Operating Cash Flows
Cash generated or used through a company's main business operations.
Noncash Investing
Transactions that involve the acquisition or disposal of long-term assets without the immediate use of cash, often reflected in the investing activities section of the cash flow statement.
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