A Management Team That Is Thinking Critically and Analytically in Developing

question 80

Multiple Choice

A management team that is thinking critically and analytically in developing an organizational strategy for dealing with a highly competitive global environment is using __________ skills.

• A)technical
• B)strategic
• C)conceptual
• D)learning
• E)human

Gain knowledge on the strategic opening and closing of business communication.

Understand the different types of individual incentives and their applications.

Grasp key concepts of scientific management and how it applies to job design and performance.

Identify and differentiate between individual and group level performance rewards.

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Definitions:

Moral Philosophies

The study of moral principles and values that guide behavior in various contexts, concerning what is right and wrong.

Work-Related Decision

A choice or judgment made in the context of one's employment or job responsibilities.

Adam Smith

An 18th-century Scottish economist and philosopher best known for his theories on free market economies, depicted in "The Wealth of Nations."

Profit

The financial gain that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.