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Karen Liu Recently Accepted the Position of Department Chair of the Department

question 1

Multiple Choice

Karen Liu recently accepted the position of Department Chair of the Department of Business at her university. She quickly realized that one of the very important jobs related to her role, was the need to make good human resource decisions as this affected the Department's ability to offer, schedule, and meet student needs for courses in all three academic terms per year. The mission statement of the university specifies a clear commitment to meeting the needs of all stakeholders, and in particular, being student centered is a priority. Due to the distinct rise in the number of students wishing to pursue a degree in business in recent years, this had placed an increasing stress on resources to meet student demand for courses and course sections. In particular, student feedback had indicated that course waitlists were long, that many students were unable to enter into their preferred courses, and that students wished that more courses were offered in three hour blocks or in the evening to allow them easier work scheduling. As she looked at course offerings and schedules from last year, and considered her current teaching faculty, she wondered how she would tackle the huge job of course planning for the next academic year.
-Karen also needs to estimate her internal supply of available faculty members.As faculty members are specialists in their respective fields,they are not interchangeable.This is why she is very grateful that ________________ are available for her reference.

Definitions:

Economic Flow

The movement of resources, goods, services, and money among households, businesses, and the government in an economy.

Large-scale Privatization

The process of transferring ownership of large government enterprises to private entities.

Karl Marx

A 19th-century philosopher and economist known for his theories on capitalism and communism.

Private Enterprise

Business operations and ownership by private individuals rather than by the government, encouraging competition and innovation.