Scenario C

question 27

Multiple Choice

Scenario C. As a management researcher, you are studying management behaviors and the roles that managers play. Your field work takes you to Puffy Treats, a local cream puff bakery in your university's city, to "shadow" the manager for a day. At the end of the day, there are three events that really caught your attention. First, at an early meeting with the Puffy Treats employees, the manager notified the employees of a pending lay-off. This news was met with a great deal of anxiety on the part of the employees even though the manager was as kind as she could be when delivering the news. One employee reacted very angrily and became so disruptive that the manager had to call the local police to have her escorted out of the shop. Later in the day, the manager made a call to a supplier to find out if anything "new and interesting" was going on in the bakery industry. Finally, after work, the manager left to attend an employee's wedding.
-When the manager notifies the employees of the pending layoff,which of the roles described by Mintzberg is the manager of Puffy Treats performing?

• A)Leader
• B)Liaison
• C)Disseminator
• D)Spokesperson
• E)Disturbance handler

Recognize the impact of political policies and economic factors on international business strategies.

Understand the concepts of global sourcing and its relevance in international business expansion.

Understand the concept of cultural dimensions according to Hofstede and Trompenaars.

Recognize the role of culture in shaping business practices, such as contracts, time management, and communication.

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Definitions:

Accounting Equation

A fundamental principle of accounting that maintains that assets are always equal to the sum of liabilities plus equity (Assets = Liabilities + Equity).

Accounting Equation

The accounting equation represents the relationship between a company's assets, liabilities, and equity, illustrating that assets are funded by borrowing (liabilities) or investing (equity).

Stock Issuances

The process of making new shares available for sale to investors, often used by companies to raise capital.

Accounting Equation

The foundational equation of double-entry bookkeeping, stating that Assets = Liabilities + Equity, ensuring the balance sheet remains balanced.