According to Josh Lerner non-monetary recognition given to people in a company who solve important problems can be an important and valuable incentive. true or false
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According to Josh Lerner non-monetary recognition given to people in a company who solve important problems can be an important and valuable incentive.
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- A social network usually acts as a support system for its members. It helps members maintain good physical and mental health or prevent physical and mental breakdown. It also reduces the risk of dying prematurely or committing suicide. There are several reasons for this. Our social network of friends, relatives, and coworkers can make us feel good by boosting our self-esteem despite our weaknesses and difficulties. Because they are more objective than we are about our problems, they can open our eyes to solutions that we are too emotionally distressed to see. The companionship from our network, strengthened by our frequent participation in recreational activities, can bring us joy while chasing away loneliness and worries. Finally, our friends and relatives often give us instrumental support—money and other aid—to help us cope with our problems. All these social and psychological factors have an impact on our bodily health. They keep our blood pressure and heart rate at low levels by…Evidence suggests that the employees who already have the highest skill levels in an organization are the most likely to receive further training, while the lower-skilled employees most in need of training are less likely to receive it, either because those employees decline opportunities or because they are not selected to participate. Why might the situation described above happen? What criteria should be used to determine who is selected to participate in training programs? How can organizations encourage lower-skilled employees to take advantage of elective training opportunities?You live in a small town and you need an attorney. Aunt Marcella has died, and you are the executor of her rather complicated estate. You need an attorney who is an expert at probate work to help you with probating the will. You could hire one of the two attorneys in your small town, or you could hire one of the hundreds of attorneys from the big city down the highways. Thinking like an economist, will you want to hire a small-town attorney or a big-city attorney to help you with this complicated estate, and why?
- What a particular fault or weakness in the area of interpersonal and relationship building skills could effect an individual? What actions can be taken immediately, and sustain going forward, to ensure this is course corrected? If not addressed, how might this area impact to a Finance Professional? What, if any, complications might arise from the current Covid-19 situation that could impede progress in addressing this area?Your best friend is considering a career in sales. What are the benefits of a sales career that you would share?You have a long-standing consulting relationship with a large consumer products company. This company represents 50% of your consulting revenues and is clearly your most important client. The CEO has called to ask you to commit a significant amount of time over the next couple of months to assist with a large merger project. The company is merging with a large conglomerate whose primary business is the sale and distribution of tobacco products. The CEO is relying on you to assist in facilitating a smooth integration of the two companies. You promised yourself that, since your father died of lung cancer, you would never work for a tobacco company. Is there a way that you can accept the consulting assignment and will still keep your promise to yourself? How will you handle this if you have decided not to work for the tobacco company?
- Answer on these two senarios: Senario 1: You have decided to form a new start-up company developing applications for the iPhone. Give examples of the three distinct types of financial decisions you will need to make. Senario 2: You are the CEO of a company and you are considering entering into an agreement to have your company buy another company. You think the price might be too high, but you will be the CEO of the combined, much larger, company. You know that when the company gets bigger, your pay and prestige will increase. What is the nature of the agency conflict here and how is it related to ethical considerations?Suppose you are the CEO of a major corporation and one of your company’s oil tanks has ruptured, spilling thousands of gallons of oil into a river that empties into the ocean. What do you need to do to handle the crisis?Case: You are vice president of a small company that has been chartered by a group of about a dozen main investors. (It’s incorporated, but not publicly held.) The company does software development for other small businesses. Your boss, the president and CEO of the company, thinks that the company needs to expand and hire more software designers. (She thinks that there is a good opportunity to get qualified people since so many talented software engineers have been put out of work with the bursting of the “dot-com bubble.”) In addition, she thinks it would be a good idea to rent some more office space to house the new people, and to upgrade the company’s main computer system. These strike you as good ideas for growing the business, but there is one problem–the company has neither enough current profits or remaining investment capital to take on these new projects. Fortunately (well, maybe it is fortunate, maybe it is not), there is a meeting of the investors scheduled for next week.…
- Suppose you are the CEO of a major corporation and one of your company's oil tanks hs ruptured, spilling thousands of gallons into a river that empties into the ocean. What do you need to handle the crisis?Assume you are a system analyst in charge of a new Banking Information System that is being developed specifically for the organization you work for. Discuss any 5 key steps you will take to ensure the project succeeds. The project is currently at the time at which the problem is being identified.Write and essay (200-250 words): only people who earn a lot money are successful. Do you agree or disagree with the following statement? Use specific reasons and examples to support your answer