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Q1) If you have ever watched the game show "Deal, or no deal" you have seen a real-world lesson in the tendency of people to be risk-adverse about gains. Observe the offers of the banker. The banker's offer is virtually always below the statistically expected payoff for continuing the game. Yet, quite often people will accept the banker's offer.
In organizations we see paralysis induced by people's greater attention to the risk of change as opposed to the risk of not changing. The "better the devil you know" mentality. In your organizations, how have leaders dealt with this situation?
What are the leadership skills needed to manage a virtual team?
Can you identify the key trait theories of leadership and give a brief description of them? If possible can you say which ones, if any, are used nowadays.
The most difficult issue with a code of conduct/ethics is lack of compliance by those who consider themselves above the code of ethics. The majority of well known infractions of code of ethics are conducted by executive management.
Think about of the following broad categories of strategic business planning:
Interpersonal relationship skills, why do some companies miss the mark? These essential skills can either make or break future goals and objectives? Are they too basic, trivial or what?
Identify an organization that appears to have a high commitment to sustainability. What are its major activities in terms of global sustainability?
Lack of cultural knowledge besides expertise in doing business abroad and in specific export markets is a key barrier to trade as well as a key problem international marketing managers must address.
Distinguish between ethical and legal principles and practices and describe your concept of ethical behavior as it relates to purchasing and supply management function.
Sam Student had borrowed $1,000 from his cousin. Sam and the cousin became involved in a heated disagreement when the cousin began to press Sam for repayment of the loan. Talk about the probable outcome.
Define and explain the term recruitment. Before selecting the right candidate, organisations should ensure that they Fit with the organisation. Have functional & Team fit.
Qualitative, Quantitative, also Mixed Methods Approaches, write an Introduction that addresses also includes the elements suggested by this week's Resources of learning.
Should non-profit organizations be held to different ethical standards than for-profit corporations? Should management walk the talk by emulating the companys mission and value statement?
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