Methods by Which Successful Executives Show Their Interest in Learning

question 15

Multiple Choice

Methods by which successful executives show their interest in learning what others are thinking include

• A)holding town hall meetings and consulting employees on what they would do if in charge.
• B)holding town hall meetings and consulting bankers on what they would do if in charge.
• C)holding retreats and consulting rivals on what they would do if in charge.
• D)consulting rivals and consulting investment bankers.

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Definitions:

Job Feedback

Information provided by employers or supervisors regarding an employee's work performance, intended to reinforce strengths or identify and correct weaknesses.

Task Identity

The degree to which a job requires completion of a whole and identifiable piece of work.

Skill Variety

The degree to which a job requires a variety of different activities and skills to carry out the responsibilities involved.

Pay-for-Knowledge

A compensation strategy where employees are paid based on the skills, knowledge, and abilities they bring to their job, encouraging skill development and continuous learning.