Which of the following should be practiced to ensure effectiveness of rewards?
a. Oversell rewards c. Camouflage rewards
b. Talk up the value d. Present privately
B
Talk up the value of rewards: If managers show enthusiasm for a reward at the time it's presented, it adds to its perceived value.
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Unfair trade practice acts were enforced to:
a. ensure the adoption of the Sherman Act that makes bait pricing illegal. b. prevent oligopoly leaders from joining together and fixing prices at the highest rates that a market will allow. c. establish penalties for companies that break the Clayton Act by engaging in predatory pricing. d. protect small local firms from giant companies that operate efficiently on razor-thin profit margins.
Aubrey is a manager who wants to be well informed. Like many managers, however, she is often overwhelmed by information overload. Which of the following would probably be the most useful first step for her to take in order to deal with this problem?
A. Purchase hardware and software that will process the information more efficiently.
B. Hire an assistant to summarize all of the information for him.
C. Establish a "time budget" with a specified time period set aside each day for reading reports, studies and other sources of information.
D. Identify four or five key goals and eliminate information that is not relevant to those goals.