Info
Warning
Danger

Study Resources (Business Management)

3.How might Wegmans’ sustainability endeavors influence employees to be more sustainable in their own lives? RESPONDING TO BUSINESS CHALLENGES—The Pros and Cons of Working from Home 1.What are the advantages of using work-from-home policies to motivate employees? 2.What are the disadvantages of using work-from-home policies to motivate employees? 3.What impact do you feel reversing.
29 Views
View Answer
ENTER THE WORLD OF BUSINESS—Chinese Smartphone Company Faces Challenges in Expansion 1.Why does Xiaomi appeal to the average Chinese consumer? 2.Why might Xiaomi’s cool, hip image in China be tarnished if it goes global? 3.Describe the barriers Xiaomi will likely face as it expands into the United States. GOING GREEN—China’s Sustainability Initiatives 1.What are some.
7 Views
View Answer
3.How can the Ralph Lauren bribery case set a precedent for other firms when discovering misconduct? GOING GREEN—Sustainability Tradeoffs: Lighter Vehicles and Higher Prices 1.Discuss some of the trade-offs of having lighter, more sustainable vehicles. 2.Discuss any ethical issues you can identify in this scenario. 3.In light of the negative consequences of producing these.
1 Views
View Answer
2.Why is it important for the government to measure the economy? What kinds of actions might it take to control the economy’s growth? 3.Is the American economy currently expanding or contracting? Defend your answer with the latest statistics on GDP, inflation, unemployment, productivity, and so on. How is the federal government.
3 Views
View Answer
3.Describe some of the ways that the Chinese government is tackling the pollution issue. CONSIDER ETHICS AND SOCIAL RESPONSIBILITY—Bangladesh Factory Disasters Prompt Better Safety Standards 1.Why are suppliers finding the need to develop a global agreement improving worker safety conditions in Bangladesh? 2.Describe some ways that IndustriALL will improve worker safety. 3.Why are companies.
2 Views
View Answer
6.How do social and cultural differences create barriers to international trade? Can you think of any social or cultural barriers (other than those mentioned in this chapter) that might inhibit international business? a.Differences in language, body language, perception of personal space, and perception of time. b.Differences in local customs, national holidays, and.
0 Views
View Answer
1.What was the organizational problem in this story? 2.Can someone be responsible for something over which that person does not have authority? 3.How should the new manager have handled Billy’s request to be in charge, to be able to order extra workers, to assign overtime, and to know that his word was.
24 Views
View Answer
GOING GREEN—Numi Organic Tea Utilizes Teamwork to Increase Sustainability Initiatives 1.Mrs. Nila Pratt was the informal leader in the management professor’s illustration, and Dr. Luce, the assistant dean, was the informal leader in the new dean’s organization. Why do certain individuals become the informal leaders in an organization? C O N T.
29 Views
View Answer
2.What interest groups would be interested in passing similar legislation today? 3.Other than tariff duties, what other trade restrictions could nations impose on the products of other nations? C O N T R O V E R S I A L   I S S U E High Dollar, Low Dollar—Which Is Better? .
0 Views
View Answer
ENTER THE WORLD OF BUSINESS—Chobani Yogurt Fights for Dominance in the Yogurt Market 1.What are some likely reasons that Chobani Yogurt has become such a success? 2.Describe some of the challenges that Chobani is facing. 3.Why is it such an issue when a major retailer drops a product from its shelves? CONSIDER ETHICS AND.
10 Views
View Answer
8. What responsibilities does business have with regard to the environment? What steps have been taken by some responsible businesses to minimize the negative impact of their activities on the environment? 9. What are a business’s responsibilities toward the community in which it operates? G E T   I N V O L.
1 Views
View Answer
ENTER THE WORLD OF BUSINESS—Mars, Incorporated: Where Employees Love to Work 1.Why do you think that Mars Inc. refuses to become a public company? 2.How does Mars Inc. motivate its employees? 3.How does employee motivation at Mars Inc. contribute to the firm’s success? GOING GREEN—Wegmans Motivates Employees and Excels in Sustainability 1.How does Wegmans empower.
31 Views
View Answer
8.Discuss the role of the grapevine within organizations. How can managers use it to further the goals of the firm? 9.How have technological advances made electronic oversight a necessity in many companies? 10.Discuss how an organization’s culture might influence its ability to achieve its objectives. Do you think that managers can “manage”.
21 Views
View Answer
GOING GREEN—Automakers Look toward Hydrogen Fuel Vehicles 1.Why are automakers attempting to develop more eco-friendly vehicles? 2.What are some of the challenges in the manufacturing and adoption of hydrogen fuel cars? 3.Why do you think Toyota is willing to expend resources in developing hydrogen vehicles despite the high costs of capital involved? 1.What is.
26 Views
View Answer
ENTER THE WORLD OF BUSINESS—Manufacturers Use Remote Monitoring Systems to Detect Problems 1.Describe how suppliers of factory automation equipment are helping manufacturers to solve or prevent factory malfunctions. 2.How might these remote monitoring systems create greater efficiencies at factories? 3.What are some of the risks associated with continual monitoring by a third-party supplier? RESPONDING.
35 Views
View Answer
2.Discuss with your class some possible methods of improving ethical standards in business. Do you think that business should regulate its own activities or that the federal government should establish and enforce ethical standards? How do you think businesspeople feel? 3.Find some examples of socially responsible businesses in newspapers or business.
1 Views
View Answer
S E E   F O R   Y O U R S E L F   V I D E O C A S E:                                                                                                H O M E   R U N   I N N’ S   OPERATIONAL   EXCELLENCE   PROPELS   IT   TO   TOP   SPOT 1. Describe how taking risks to increase its operational capacity.
18 Views
View Answer
7. List the types of management and financial assistance that the Small Business Administration offers. 8. Describe the franchising relationship. 9.What demographic, technological, and economic trends are influencing the future of small businesses? 10.Why do large corporations want to become more like small businesses? .
2 Views
View Answer
3.You are a manager of a firm that manufactures conventional ovens. Over the past several years, sales of many of your products have declined; this year your losses may be quite large. Using the steps of the decision-making process, briefly describe how you arrive at a strategy for correcting the.
19 Views
View Answer
9.How did the Industrial Revolution influence the growth of the American economy? Why do we apply the term service economy to the United States today? 10.Explain the federal government’s role in the American economy. G E T   I N V O L V E D 1.Discuss the economic changes occurring in Russia and.
3 Views
View Answer
8.Define supply chain management and summarize the activities it involves. 9.Describe some of the methods a firm may use to control inventory. 10.When might a firm decide to inspect a sample of its products rather than test every product for quality? .
27 Views
View Answer
3.Why is a lack of empathy fairly common among fraudsters? 1.Why do you think a simple concept such as a tablet case made from up-cycled material became successful? 2.How were the ReFleece founders able to fund their start-up company? What risks did they accept to make their idea into a reality? 3.How has.
4 Views
View Answer
5.Explain the terms supply, demand, equilibrium price, and competition. How do these forces interact in the American economy? 6.List the four types of competitive environments and provide an example of a product of each environment. 7.List and define the various measures governments may use to gauge the state of their economies. If.
1 Views
View Answer
ENTER THE WORLD OF BUSINESS—CarMax Uses Decentralized Structure to Support Teamwork 1.How does CarMax encourage employees to put customer needs first? 2.How has CarMax developed a decentralized culture? 3.Describe some ways that CarMax empowers its employees. RESPONDING TO BUSINESS CHALLENGES—Companies Embracing Greater Employee Interaction 1.Describe methods some companies are using to increase employee interaction. 2.Why is.
30 Views
View Answer
2.Which fields tend to attract entrepreneurs the most? Why? 3.What are the advantages of starting a small business? The disadvantages? 4.What are the principal reasons for the high failure rate among small businesses? 5.What decisions must an entrepreneur make when starting a small business? 6.What types of financing do small entrepreneurs typically use? What.
2 Views
View Answer
3.How does Ken Grossman motivate his employees? RESPONDING TO BUSINESS CHALLENGES—Managers Discover Benefits of Feminine Traits for Leadership 1.Why are some characteristics traditionally associated as feminine considered important for leadership? 2.Why might a lack of empathy create a significant disadvantage in leadership? 3.Describe ways in which Oprah Winfrey and John Mackey of Whole Foods.
5 Views
View Answer
3. What are self-managed work teams and what tasks might they perform that traditionally are performed by managers? 4.Explain how delegating authority, responsibility, and accountability are related. 5.Distinguish between centralization and decentralization. Under what circumstances is each appropriate? 6.Define span of management. Why do some organizations have narrow spans and others wide spans? 7.Discuss.
16 Views
View Answer
2.What effect does devaluation have on a nation’s currency? Can you think of a country that has devaluated or revaluated its currency? What have been the results? 3.What effect does a country’s economic development have on international business? 4.How do political issues affect international business? .
1 Views
View Answer
ENTER THE WORLD OF BUSINESS—The Importance of Middle Managers 1.What are the challenges middle managers commonly face? 2.What are some good characteristics for effective middle managers to have? 3.Why are the job functions of middle management important to organizational success? GOING GREEN—Ken Grossman’s Management of Sierra Nevada’s Growth 1.Describe some of the managerial skills that.
11 Views
View Answer
ENTER THE WORLD OF BUSINESS—Antibacterial Soap Faces Regulatory and Consumer Pressure 1.Describe the ethical issue. 2.What are some of the potential negative effects of triclosan? 3.What impact could the FDA’s proposal have on soap manufacturers? CONSIDER ETHICS AND SOCIAL RESPONSIBILITY—Ralph Lauren Sets Example in FCPA Case 1.How did Ralph Lauren violate the FCPA? 2.Why did Ralph.
7 Views
View Answer