Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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- The critics of scientific management claimed that O managers may ignore appropriate rules and regulations. organizations that need rapid decision making and flexibility may suffer with this approach. managers were not trained to apply the principles of the theory. O it did not help managers deal with broader external issues. O it leads to too much authority being vested in too few people.arrow_forwardAs a leader, consulting and seeking advice from experts and authority figures can benecessary for the growth and improvement of an organization. Regardless of their levelof expertise, some individuals and institutions should be challenged. Leaders must beable to effectively evaluate information, regardless of the source’s level of authority orexpertise.Instructions:In a well-structured paper, address the following questions:1. What role do experts and authoritative figures play in business andsociety?2. Why should leaders be willing to challenge experts?3. Why should leaders be willing to challenge authority figures?4. What are the risks of keeping silent when something does not seemright?5. Do you agree with Cialdini's statement below? Why or why not?"Authorities are frequently experts. In most cases, it would be foolish to try to substituteour less informed judgments for those of an expert, an authority." Cialdini, R.(2021) Influence, new and expanded: The psychology of persuasion.…arrow_forwardAfter Hewlett-Packard fired CEO Carly Fiorina, new CEO Mark Hurd found himself in charge of a struggling, dysfunctional corporation. The strategic vision Fiorina had been using to guide the company—“digital, virtual, mobile, personal”— was vague, and no one knew if it was being executed or not. A confusing matrix structure blurred accountability lines and slowed decision making, and the company reward system was so complex that no one knew how performance affected their bonuses. Talented executives were leaving, and H-P was having trouble attracting new ones.If those troubles weren’t enough, H-P was struggling financially. After acquiring Compaq Computers for $19 billion, it cost H-P another $10 billion to integrate the H-P and Compaq systems. The combined company was riddled with pervasive distrust. And when a board member leaked confidential information to the press, the subsequent scandal (involving spying and phone tapping) ended with Hurd having to testify before Congress…arrow_forward
- At a recent offsite, we broke into small groups of 2-3 people each and imagined ourselves as the leadership team of another marketplace company with somewhat different dynamics. We want to do the same thing with you, because this is our best idea for giving you the most truthful and realistic simulation of what it's like to work together. We love this stuff, and relish the opportunity and responsibility that comes with being stewards of a large marketplace that thousands depend on. If you were running Uber, what are best 2-3 ideas that actually pencil? What’s the output operating metric or financial metric that’s most important to move? What’s the input metric that is the most powerful one to move, to move that output metric?arrow_forward1. Explain how the focus of the upside-side pyramid differs from the traditional managerial corporate pyramid. 2. Explain how Katz's managerial skills vary in importance across management levels. 3. Why are human skills important at all levels of the corporation? 4. Explain how the VP of Marketing for an international hotel chain will demonstrate the four functions of a manager. 5. Explain how the COO of a national fitness center will demonstrate the three managerial roles. 6. Explain how the VP of Human Resources of a restaurant will demonstrate the three managerial skills.arrow_forward13arrow_forward
- According to the Director's Toolkit: Bossless Upside-down Structure, bossless organizations: Group of answer choices a/ have taller organizational structures with narrow spans of management/control. b/ are the same as bureaucratic organizations. c/ are structured in the form of the traditional pyramid with top level managers at the top. d/ have structures that promote the belief that customer satisfaction is top priority.arrow_forwardThe advantages of democratic leadership are O A). good in certain conditions, such as urgent tasks or military actions O B). more freedom for employees C). better decisions and employee motivation O D). none from the abovearrow_forward
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