In a short essay, explain the difference between immediate corrective action and basic corrective action
What will be an ideal response?
Answer: Immediate corrective action is action that a manager takes to fix a problem in the short term to get performance on track. An example of taking immediate corrective action would include a building contractor hiring extra carpenters when the people he has on the job aren't working fast enough.
Basic corrective action goes beyond fixing the problem at hand and attempts to find–and correct–the underlying causes of the problem. For example, there might be a number of reasons why a building project gets behind schedule: not enough labor, having to wait for materials, conflicts in scheduling, inefficient workers or supervision, and so on. Getting to the bottom of the situation can save managers time, trouble, and money. For example, rather than hire (expensive) extra carpenters on a building project, a manager might learn that he simply needs to schedule the current workers better and the problem will be solved.
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A. general liability B. civil liability C. disclosure liability D. loan liability
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Indicate whether the statement is true or false.