SCENARIO 11-5 a Recent Phenomenon Facing Organizations Is That of Downsizing.This

question 111

Multiple Choice

SCENARIO 11-5 A recent phenomenon facing organizations is that of downsizing.This has a tremendous impact on the organization's function and presents a major challenge for leadership.Many individuals charged with taking an organization to higher levels of profitability, or even just surviving, are aware that they must somehow continue to provide meaningful work and facilitate pride and satisfaction on the part of employees.These individuals must be willing to take risks and develop effective people orientation skills.Speed of innovation and the focus on people, talent and skills is paramount.
The biggest challenge is to survive in a rapidly changing environment and somehow keep the best people from leaving.In some areas, the workforce is aging and requires replacement.Many "hands-on," detail-oriented managers appear to be successful.Performance orientation, the ability to make the right decisions quickly, and changing an organization's structure to respond effectively are also major challenges.
The fundamental questions raised by many are--What type of leadership is neededWhat leadership styles are best suitedHow does a leader change and adapt
Although much research has taken place in an attempt to describe leadership and differentiate it in terms of how it is practiced in a variety of situations, the conclusions don't always appear to be satisfactory.Which of the following is a managerial trait, rather than a leadership trait

• A)plans strategy
• B)questions standard practice
• C)maintains and allocates resources
• D)uses empowering strategies
• E)reforms the system

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Definitions:

Production Technology

The methods, equipment, and processes used to produce goods and services, encompassing both physical machinery and software systems.

Efficient Outcomes

Results or end-states that achieve the maximum benefit or utility with the minimal waste of resources.

Economy

The system of production, distribution, and consumption of goods and services in a particular geographic area.

Unemployment

The condition of being without a job, while actively searching for employment.