Management's Most Powerful Tool for Mobilizing Organizational Commitment to Competent

question 7

Multiple Choice

Management's most powerful tool for mobilizing organizational commitment to competent strategy execution and operating excellence is the

• A)diligent and persistent use of benchmarking and best practices.
• B)proper use of a reward structure with motivational incentives.
• C)implementation of TQM and/or Six Sigma programs.
• D)periodic giving of inspirational speeches aimed at arousing employees' emotional energy.
• E)process of providing employees with a high degree of job security (ideally, via a no-layoff policy).

---

Definitions:

Bank Statement

A bank statement is a summary of all transactions in an account, provided by the bank to the account holder, usually on a monthly basis.

Adjusted Cash Balance

The cash amount reported in financial statements, adjusted for outstanding checks and deposits in transit, to reflect the actual available cash.

Accountant

A professional responsible for managing and examining financial records, preparing financial statements, and ensuring compliance with legal requirements.

Purchase Requisition

A document generated by a company department to request that the purchasing department procure a specific quantity of goods or services.