Tim Long's First Year as Unit Supervisor for a Local

question 169

Multiple Choice

Tim Long's first year as unit supervisor for a local manufacturer was quite a challenge. To encourage his subordinates to meet unit and company goals, he instituted quality circles. These circles were then enabled to directly affect unit operations. Tim's managerial attitude reflects the assumptions underlying

• A)the expectancy theory.
• B)Theory Y.
• C)the equity theory.
• D)reinforcement.
• E)Theory X.

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Definitions:

Credit Period

The time period granted to a customer for paying an invoice.

Stock Price

The current market price at which a share of a company's stock can be bought or sold.

Discount Rate

In finance, it is the interest rate used to determine the present value of future cash flows, or the rate at which a bank lends to other banks or financial institutions.

Series Discount

A set of multiple discounts applied one after the other on a product’s price.