To Influence Instrumentality,managers Can

question 155

Multiple Choice

To influence instrumentality,managers can

• A)ensure that the environment facilitates performance.
• B)give employees choice over rewards.
• C)consistently reward high performers.
• D)encourage people to believe their effort makes a difference.

Identify the characteristics and limits of various business formations, including S corporations and franchises.

Understand how limited liability partnerships (LLPs) and limited liability companies (LLCs) protect their owners.

Know the processes and legal requirements for forming, operating, and terminating different types of business entities.

Understand the role of shareholders, board of directors, and officers in a corporation.

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Definitions:

Primary Labour Market

Involves employment sectors characterized by stable employment, higher wages, and access to benefits and career progression.

Secondary Labour Market

A segment of the job market characterized by low-paying, insecure, non-unionized, and often part-time or temporary work, frequently contrasted with more stable and better-compensated primary employment.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale, often leading to the interconnectedness of world economies and cultures.

Corporations

Legal entities that are distinct from their owners, providing them with limited liability, and are created to conduct business.