In which of the following does the manager ask a series of questions in sequence to determine the best disciplinary action?
A) hot stove approach
B) progressive disciplinary action
C) disciplinary questionnaire approach
D) disciplinary action without punishment approach
Answer: B
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A recommended procedure for formulating strategy is for top-level managers to
a. form a small committee to do most of the work. b. gather inputs from large numbers of people. c. perform the task themselves during a retreat. d. base strategy on fixing customer complaints.
Ownership, control, and governance changes radically across the world
The publicly traded company is not the dominant global business organization—the privately held or family-owned business is the prevalent structure—and their goals and measures of performance differ dramatically. Indicate whether the statement is true or false.