Which of theses is a suggested guideline for fixing a follower's performance shortcomings? Select one: O a. explain that the subordinate needs become more motivated to succeed O b. warn the subordinate not to be defensive when receiving negative feedback O c. Threaten to fire the subordinate unless performance quickly improves O d. explain why the subordinate's behavior is causing problems for others

Q: When one party to a transaction has incentives to engage in behavior that would be harmful to the…

A: Contract theory means the measures to legally bind the contract, which shows that the different…

Q: 1.The ________ conflict-management style is when both parties give up something of importance to…

A: The objective of the first question is to identify the conflict-management style where both parties…

Q: 1. In the ________ stage of team development, team members accept other members and overcome…

A: The first question is asking for the stage of team development where team members accept each other…

Q: Which of the following are examples of SOFT controls? [SELECT ALL THAT APPLY] a) Tone at the top (in…

A: HARD controls are more specific and measurable. Examples of HARD controls include: Physical…

Q: An objective of responsibility accounting is to: a) Provide information that helps managers make…

A: Answer:-  Responsibility accounting:- Managers are given decision-making power and accountability…

Q: Which is NOT an element of the Controlling function? O a. Comparing actual Performance with…

A: Controlling function prevails in every company where there are more than two people working to…

Q: What are the benefits to a company of maintaining and encouraging high ethical standards?

A: Ethical standards can be defined as the set of ethical principles followed by business organizations…

Q: Managers should NOT use a positioning statement as an internal memorandum that keeps them aligned to…

A: A positioning statement includes the specification of the target segments. Positioning generally…

Q: 1. Teams set goals so that they DO NOT: A. Agree on the team's purpose B. Waste time and money…

A: The first question is asking about the reasons why teams set goals. The purpose of setting goals in…

Q: True or False: The service recovery paradox suggests that customer satisfaction can be higher after…

A: Service recovery paradox refers to a situation wherein a customer's opinion about a company improves…

Q: Identify the reason why some individual is afraid to start a business. a. It is stress free b. It…

A: Business means doing some activity to earn some profits like buying and selling goods or…

Q: An ideal business tone is not O A. constructive B. detailed OC. audience-focused OD. respectful

A: An ideal business tone is the appropriate and effective manner of communication in a business…

Q: What are the implications if management refuse to sign a management representation letter

A: If the management is not signing or refuses to sign the letter, this implies that the management is…

Q: 3.) Which of the following is considered emotional biases?    A. Loss aversion, overconfidence,…

A: Emotional biases are biases in decision-making that result from emotions. They are harder to correct…

Q: Which would be the best way for a manager to deal with employees who are not motivated to perform…

A: Employee will get motivated only of they feel they are being recognised for their work. There are…

Q: 13. A leader who emphasizes initiating structure generally fosters employee satisfaction, group…

A: 13. FALSE Initial leaders or task-oriented and focused on best performing the task at hand.   14.…

Q: Standards for monitoring risk includes: Group of answer choices D. Both A & B C. Manager errors and…

A: Financial markets are the places where the buyers and sellers of financial assets, securities, and…

Q: Distinguishing between controllable and noncontrollable costs on a performance report may result in:…

A: Controllable cost refers to expenses that can be directly influenced or controlled by an individual…

Q: The way that organizational deviance differs from the other forms of deviance discussed in this book…

A: Organisational deviance is the violation of rules or policies which are given by the organisation…

Q: If a company is operating with ethical marketing behavior it: changes customer feedback to be…

A: Marketing is the most important function of business. But doing it ethically is even more important…

Q: True or False: While everyone seems to accept the idea that attention must be paid to organizational…

A: The correct answer for the above mentioned question is given in the following steps for your…

Q: Written communication is most effective where: Select one: O a. Opportunities are provided for…

A: Communication means the process of passing the information to the relevant person . Communication…

Q: Which of the following is the best statement regarding Due Diligence process: 1) Designed to assess…

A:

Q: Which of the following best describes an opportunity for management to issue low-qualityfi nancial…

A: ineffective board of directors gives an opportunity for management to issue low quality financial…

Q: As a manager, how would you deal with resistance to change when you suspect employees’ fears of job…

A: Resistance to change is defined as an opposition, which used to alter the situation or modification…

Q: Attainable standards, as compared to ideal standards, a. do not allow for operating inefficiencies.…

A: Attainable standards: These are the standards that are easily achievable in the normal circumstances…

Q: Which of the following is not a common feature of an internal control system? Multiple Choice…

A: Internal control systems are the rules and procedures implemented by an entity to ensure the…

Q: Which of the following statements is true? A balanced scorecard contains both customer and internal…

A: Solution:- Discussion of the following statements true or false as false

Q: The pragmatic survivor is a follower who participates actively in a relationship with the boss but…

A: Let us know the meaning of the above words Pragmatic survivor. a follower who, depending on which…

Q: What is the most useful role for the external leader of a self-managed team? Select one: a. select…

A: The performance of the team is mainly dependent on its leaders. A successful leader encourages their…

Q: what is implicationstion if management refused to sign a management representative letter? If…

A: Management Representative Letter: It is the letter that is signed by the senior management of the…

Q: 1. If you are a member of a team that is filled with conflict: A. Attempt to resolve the conflict…

A: The objective of these questions is to understand the best practices in team management and conflict…

Q: we considered different allocation methods and considered which one might be “better.” Why might a…

A: The direct allocation method is a way of charging the cost of service departments to other areas of…

Q: A management letter is required and is intended to help the client operate its business more…

A: Audit is the function in which the auditor identifies the errors and misstatements presented in the…

Q: Discuss the different kinds of

A: Answer : Employees can be motivated to become involved in quality development programs by offering…

Q: Would you change a performance appraisal to reflect more positively on an individual whose…

A: Performance appraisal are one of the most important aspects of management, but they are also one of…

Variance Analysis

In layman's terms, variance analysis is an analysis of a difference between planned and actual behavior. Variance analysis is mainly used by the companies to maintain a control over a business. After analyzing differences, companies find the reasons for the variance so that the necessary steps should be taken to correct that variance. 

Standard Costing

The standard cost system is the expected cost per unit product manufactured and it helps in estimating the deviations and controlling them as well as fixing the selling price of the product. For example, it helps to plan the cost for the coming year on the various expenses.