Provide at least five guidelines to observe when making negative organizational announcements
What will be an ideal response?
Answer: (1) Match your approach to the situation—if the news is relatively minor, the direct approach may be best. If it will come as a shock, use the indirect approach. (2) Consider the unique needs of each group—not everyone needs the same information. (3) Give each audience enough time to react as needed. If a plant is closing, for example, employees may need months to find new jobs. (4) Give yourself enough time to plan and manage a response. Complaints and questions are likely to follow your announcement. (5) Look for positive angles but don't exude false optimism. (6) Minimize the element of surprise whenever possible. (7) Seek expert advice if you're not sure how to handle all aspects of the announcement.
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The purpose of a 401(k) plan is to save for
A) unreimbursed medical expenses B) college costs for dependent children C) periods of unemployment D) retirement
Which statement is not true concerning the t distribution?
A) Compared to the normal distribution, the t distribution has more area in the tails and less in the center. B) As the number of degrees of freedom increases, the t distribution approaches the normal distribution. C) The t distributions are skewed to the left. D) The population variance is unknown and is estimated by the sample variance s2.