A Firm Whose Primary Business Is in a Line of Regional

question 61

Multiple Choice

A firm whose primary business is in a line of regional grocery stores would be most likely to have to include which of the following facts,if TRUE,in the firm's management discussion and analysis (MD&A) ?

• A)that a large number of funds were allocated to advertising to increase awareness of the firm's brand in new areas it had expanded into this year
• B)that some senior members of the management team have retired in this financial year
• C)that the company has lost a class action suit brought against the firm by its employees and is expected to have to pay a large amount of damages
• D)that the firm has plans to expand into the organic food business in the next financial year by purchasing several small organic food retailers
• E)that food prices have increased,increasing the firm's costs

Knowledge of online resources for job information.

Comprehension of organizational processes for employee identification.

Understanding the use and importance of the Critical Incident Technique in job performance.

Recognizing structured interviews and their application in job interviews.

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Definitions:

MARS Model

A framework in organizational behavior that identifies four critical factors determining employee performance: Motivation, Ability, Role perceptions, and Situational factors.

Competencies

A mix of abilities, expertise, and competencies needed to successfully execute job responsibilities.

Role Perceptions

Individuals' understanding of their responsibilities, duties, and expectations within a specific role or position in an organizational or social context.

Values

Core beliefs or principles that guide an individual's or organization's behavior, decision-making, and interactions with others.