Which of the Following Is a Disadvantage of a Focus

question 6

Multiple Choice

Which of the following is a disadvantage of a focus on return on investment?

• A) It can encourage managers to focus on cost cutting efforts.
• B) It can produce a narrow focus on divisional profitability at the expense of profitability for the overall firm.
• C) It can encourage managers to cut inventories and reduce overall investment.
• D) It can encourage managers to focus on the long run at the expense of the short run.
• E) It can accomplish all of these disadvantages.

Recognize time wasters and develop strategies to prioritize tasks effectively.

Understand delegation as a critical supervisory skill and identify common obstacles to effective delegation.

Describe behaviors and patterns associated with different personality types in the workplace context.

Understand the concept of stress, its sources, and its impact on work performance.

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Definitions:

Whistleblowing

The act of exposing any kind of information or activity within a private, public, or government organization that is deemed illegal, unethical, or not correct.

Stakeholder Social Responsibility

The duty and ethical obligation of an organization to consider and respond to the needs and interests of its stakeholders, including customers, employees, and the wider community.

Social Responsibility

The practice of acting ethically while understanding your actions are part of the larger, interactive picture of your workplace, community, and world.

Corporate Responsibility

The ethical obligation of a company to act in ways that benefit society and the environment, beyond its business interests.