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Additional Case 9.2 Martin, the Director of HR at Austin Designs, Is Meeting

question 131

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Additional Case 9.2
Martin, the director of HR at Austin Designs, is meeting with the career development team. The firm's CEO has decided that the company needs to invest the time and effort into improving the direction and development phases of the current career development program; however, development funds are limited. The CEO and most of the executive management team are self-made professionals who believe strongly in individual responsibility. The organizational structure of Austin Designs is very flat. The company has a wide variety of jobs but few levels of high responsibility. Feedback from employees suggests that they don't know when promotional opportunities are available.
-Refer to Additional Case 9.2.Given the organizational realities,which developmental tool would provide the best return for the lowest cost?

Understand the effects of technological changes and substitution on labor demand.
Identify the factors leading to shifts in the labor demand curve.
Understand how changes in the price of inputs affect a firm’s hiring decisions and employment levels.
Analyze the relationship between wage rate changes and employment decisions for firms in different market structures.

Definitions:

Confirmation Biases

The tendency to search for, interpret, favor, and recall information in a way that confirms preexisting beliefs or hypotheses.

Fillers

Lineup members other than the suspect who are known to be innocent of the crime.

Own-Race Bias

The finding that witnesses are more accurate in identifying members of their own race than members of another race.

Match-To-Suspect Approach

A technique in forensic science where evidence brought from a crime scene is compared to samples from a suspect to establish a link or match.

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