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Table 13.2
In preparation for grid training, the managers of your company are having their current styles assessed. Elizabeth seems to have a high concern for production and a high concern for people. Bill on the other hand, has a low concern for both dimensions. Recently Elizabeth noticed that one of her employees was not doing well on the job. He was listless, late to work, and his work products were degenerating in quality. Elizabeth decided he had been working too hard and gave him a couple of days off. Bill was transferred to another department. He took three of his subordinates from his old department with him. After being there six months he gave all employees performance appraisals. The subordinates who came with him to the new department all did better than the more experienced people who had been on the job. In fact, the subordinates who came with Bill were having a hard time adjusting to the new department and had not been performing all that well.
-Refer to Table 13.2. Elizabeth has a(n) ________ management style according to management grid theory.
Strategic Thinking
The process of analyzing critical factors and variables that will influence the long-term success of a business, then mapping out actions to achieve desired goals.
Industry Attractiveness
A measure of the potential profitability and prospects for growth within a particular industry or market sector.
Bargaining Power of Buyers
The influence that customers have over a producing industry, often affecting pricing, quality, and terms of sale.
Degree of Rivalry
The extent and intensity of competition among businesses within the same industry.
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