Questions from Business Foundation

Q: Ethical considerations. Apart from meeting the company’s future talent needs,

Ethical considerations. Apart from meeting the company’s future talent needs, do managers have a personal ethical obligation to help their employees develop and advance in their careers? Explain your...

Q: Which would be more difficult to forecast 10 years from now:

Which would be more difficult to forecast 10 years from now: the number of 60 year-olds or their average disposable income? Why?

Q: You’re the youngest person in your department, and you just got

You’re the youngest person in your department, and you just got promoted to department manager? What steps could you take to make sure all your employees have confidence in your management and leaders...

Q: Using Welch Allyn’s mission statement on page 150 as a model and

Using Welch Allyn’s mission statement on page 150 as a model and the material you learned in Chapter 4, develop a mission statement that balances the pursuit of profit with responsibility to employees...

Q: What is the principal difference between a business plan (as discussed

What is the principal difference between a business plan (as discussed in Chapter 6) and a strategic plan?

Q: What is management? Why is it so important?

What is management? Why is it so important?

Q: What is forecasting, and how is it related to the planning

What is forecasting, and how is it related to the planning function?

Q: What is the goal of crisis management?

What is the goal of crisis management?

Q: Review the “Loss of Meaning and Connection” bullet point on

Review the “Loss of Meaning and Connection” bullet point on page 191 in the discussion of the potential challenges of unstructured organizations. If you were planning to launch an unstructured organiz...

Q: How does leadership differ from management?

How does leadership differ from management?