The Management Seminar (Scenario)

question 53

Multiple Choice

The Management Seminar (Scenario)
Mandy recently returned from her two-day managerial seminar, How to Totally Change Your Management and Leadership Style in Two Days. Even though she felt the seminar was worthless (as she had predicted) , it did give her a chance to think about how to change the culture of her organization. She had been brought in by the new CEO as a change agent, and her position had the authority to make an impact. She felt that the recent hostile takeover by their parent company had shocked everyone, especially given that the entire organization consisted of only 150 people and had been in business for only five years. She felt this might be the time to attempt cultural change while everyone was still thinking in terms of change. As she tossed her leadership seminar manual into the wastebasket, she considered what might be her first step and how well the cultural change would work.
-Which of the following is a favourable condition that might help Mandy to implement cultural change?

• A)her new leadership skills acquired at the seminar
• B)the recent purchase of her company
• C)previous stable leadership
• D)her managerial level

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Definitions:

Household Products Corporation

A business organization that manufactures and sells goods utilized for domestic purposes, such as cleaning supplies, detergents, and personal care items.

Prospectus

A written document required by securities laws when a security is being sold. The prospectus describes the security, the financial operations of the issuing corporation, and the risk attaching to the security.

Prospectus

A formal document that companies must publish before issuing public stock, detailing the investment offering and associated risks.

Misrepresentation

A false statement or lie that deceives, misleads, or distorts the truth, potentially resulting in legal action.