A CEO is considering whether to invest in Developing leadership capabilities in its managers. To make this determination, which of the following shouldhe take into account?O People with strong leadership skills perform managerial functions more efficiently.O Improving managers' leadership skills will enable them to solve problems more effectively.O How leaders behave has a major impact on employee performance.O The attitudes of leaders have little effect on the attitudes of rank-and-file employeesIdentify the trait as one of either a manager or a leader.TraitIs concerned with "doing things right"Has a long-term perspectiveSolves problemsManager Leader°O°

Investing in developing leadership capabilities within an organization's managerial cadre is a…

Answered: A CEO is considering whether to invest…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter12: Balanced Scorecard And Other Performance Measures

Section: Chapter Questions

Problem 8MC: What should an organization do if performance measures change? A. Make sure that the manager being...

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Similar questions

When managerial accountants design an evaluation system that is based on criteria for which a manager is responsible, and it is structured to encourage managers to make decisions that will meet the goals of the company as well as their own personal job goals, the framework used is _______. A. a controllable factors framework B. an uncontrollable factors framework C. a strategic plan framework D. a responsibility accounting framework
Which of the following is not a reason for decentralizing? a. Training and motivating managers b. Unmasking inefficiencies in subdivisions of an overall profitable company c. Allowing top management to focus on strategic decision making d. Allowing top management to make all key operating decisions throughout the company e. All of these.
Carlita believes an important part of the planning process for managers is being sure to position the company to achieve its goals. She thinks that positioning is an extensive concept and can depend on the right information and that managerial accountants assist in positioning the company. Is she correct? Explain.
Discuss how managerial leadership can foster a high-performance culture. What is the role of managerial leadership in changing a corporate culture that is problematic? Identify leadership styles and organizational culture that helps with strategy execution. 5
Making managerial pay contingent on measures of managerial and/or firm performance motivates them to deliver good performance for shareholders. However, it also burdens them with greater risks than they may like. How do organizations balance these two considerations when choosing managerial pay and performance measures?
PAT assumes that managers behave in an efficient manner a. non b. False c. True d. depends on the loyalty and ethical issues
The likelihood that managers may place personal goals ahead of corporate goals is called an: a. agency problem b. stakeholder adversity c. strategic advantage d. opportunity cost
Agency theory suggests that one way to motivate managers to act in the best interests of the owners/shareholders is to link managerial compensation to firms' payoffs, such as net income or share returns. However, such a linkage imposes risk on the manager. Required: (1) Why is it important to control or reduce some of the risk thus imposed on managers? Explain. Discuss two methods by which risk imposed on the managers could be reduced.
Based on the low representation of women in upper management, to what extent do you think that organizations should actively promote women into the senior ranks of management? Think of a group or team to which you currently belong or of which you have been a part. What type of leadership style did the leader of this group appear to exhibit? Give some specific examples of the types of leadership behaviors he or she used. Evaluate the leadership style. Was it appropriate for the group? Why or why not? What would you have done differently? Why?
The tension between the interests of the CEO and the interests of long-term stakeholders helps to explain why: Group of answer choices A. Conflicts of interest can easily happen. D. Both A & B B. Boards of directors need to maintain their independence from executives. C. Absence of agency risk is apparent.
62) Agency Theory suggests: A) The interests of the managers are aligned with the interest of stockholders. B) The management is focuses on looking after its own self interest rather than focusing on the interest of the stockholders. c) Managers would never spend stockholder money on their own comforts. d) Stockholders reward managers with larger office space and many incentives to encourage them to perform well.
1. There are both quantitative and qualitative factors for decision making by management. How does the consideration of qualitative factors improve decisions made by managers? 2. What is an opportunity cost and why should it be included when making decisions? 3. What are some of the key factors that influence group interaction in a decision- making environment in business? (

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