Assume That You Have Just Accepted Your First Job Upon

question 97

Essay

Assume that you have just accepted your first job upon graduation from college. You are working as the supervisor of a group of manufacturing workers in a company that has had some financial problems. Workers have complained about being unfairly blamed for financial losses associated with the production process, and your predecessor quit as a result of grievances filed against him by his subordinates. Explain how you can use your understanding of attribution theory to be more effective in your personal perception of the causes of problems in your work unit and in your personal communications about those problems to your new subordinates.

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Definitions:

Quarterly Dividends

Dividends that are declared and paid by a company four times a year, usually at a fixed rate per share.

Board of Directors

A group of individuals elected by shareholders to oversee the management and make major decisions for a corporation.

Legal Dividend

A dividend that a company is legally allowed to distribute as determined by its net income or retained earnings.

Noncumulative Preferred Stock

A type of preferred stock that does not accumulate unpaid dividends; if a dividend is skipped, it is not required to be paid later.