Why are discipline and disciplinary action essential at any organization? What methods do firms use to ensure a disciplined workforce?
What will be an ideal response?
Answer: Discipline is the state of employee self-control and orderly conduct that indicates the extent of genuine teamwork within an organization. A necessary but often trying aspect of internal employee relations is the application of disciplinary action. Disciplinary action invokes a penalty against an employee who fails to meet established standards. Even though disciplinary action may be tense, unpleasant and fraught with conflict, at times it must be done. Because one person's actions can affect others in a work group, the proper application of disciplinary action fosters acceptable behavior by other group members. Several approaches to the administration of disciplinary action have been developed. Three of the most important concepts are the hot stove rule, progressive disciplinary action, and disciplinary action without punishment.
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______________________: Process of comparing company's functions/skills with another to thoroughly understand "best practices," undertake actions to achieve better performance, lower costs
Fill in the blank(s) with the appropriate word(s).
Which of the following is the best example of a perquisite sometimes given to corporate executives?
A. Stock options. B. Access to a luxury box at Honda Center. C. A salary in excess of $1 million per year. D. None of the above.