5._____ Which of the following statements about MBO is FALSE?

A) It compares quantifiable target goals with actual results achieved by an employee.

B) It has been shown to be useful for defining individual or unit performance related to strategic plans.

C) It is recommended as a method for comparing people or units.

D) It is a popular method of managerial appraisal.

E) It may be effective approach to motivating and improving employee performance.

6._____ Each of the following is TRUE regarding Comparisons to Anchors (e.g., BARS, MBO, graphic rating scales, and summated rating scales) EXCEPT:

A) Method requires rater to compare the employee's performance with specified anchors or descriptors.

B) Method is very useful for providing feedback to employee.

C) Is easy and inexpensive to construct.

D) For the BARs method, actual behaviors are documented.

E) Generally, graphic rating scales use adjectives or numbers as anchors or descriptors.

7._____ One of the primary reasons that companies have turned to using forced distribution in their performance management systems is to overcome __________.

A) fundamental attribution error

B) representativeness bias

C) availability bias

D) leniency bias

E) anchoring bias

8._____ An employee does an excellent job at answering customer’s technical questions related to software. However, they are not effective or efficient when it comes to completing paperwork, or working well with their peers. The manager rates this employee as excellent in all performance categories. This is an example of what performance appraisal error?

A) Halo effect

B) Horns effect

C) Recency

D) Severity

E) Central tendency

9._____ A manager believes that older workers are less likely to be able to improve performance than younger workers. This thinking could lead to what form of performance appraisal error?

A) attribution error

B) bias

C) contamination

D) frame of reference

E) accountability

Please state the letter answer for each question and also provide justification for the answer. Please either restate definitions or provide evidence of the answer for justification.

Trust, or lack of trust, is an increasingly important issue in today’s organizations.71 In today’s uncertain environment, leaders need to build, or even rebuild, trust and credibility. Before we can discuss ways leaders can do that, we have to know what trust and credibility are and why they’re so important. The main component of credibility is honesty. Surveys show that honesty is consistently singled out as the number one characteristic of admired leaders. “Honesty is absolutely essential to leadership. If people are going to follow someone willingly, whether it be into battle or into the boardroom, they first want to assure themselves that the person is worthy of their trust.”72 In addition to being honest, credible leaders are competent and inspiring. They are personally able to effectively communicate their confidence and enthusiasm. Thus, followers judge a leader’s credibility in terms of his or her honesty, competence, and ability to inspire.

Review some of the news items in the current environment and share your opinion of both corporate and political leaders and how you perceive their decisions and whether you trust their actions taken to help the citizens during the crisis.

The project has a critical path that is 4 months long. We are now part way into the execution phase where we had planned to have 47% of the work done by now. We have spent $369,178 of the total budget of $846,984. We have completed 63% of the activities. What is the ETC?

(a) $313,384 (b) $369,178 (c) $682,562 (d) $846,984

The project has a critical path that is 4 months long. We are now part way into the execution phase where we had planned to have 47% of the work done by now. We have spent $369,178 of the total budget of $846,984. We have completed 63% of the activities. What is the PV?

The project has a critical path that is 4 months long. We are now part way into the execution phase where we had planned to have 47% of the work done by now. We have spent $369,178 of the total budget of $846,984. We have completed 63% of the activities. What is the cost variance (CV)?

What are some ways that a company could fail at trying to become a glocalized business?

Discuss the four evolving company orientations. Which orientation is considered most successful and why?

MARGI sells different types of wine. Customers place orders to the most popular “Summer Wine” at a rate of 125 bottles a month on the average. The store buys this wine from WSCo at $5 a bottle, and a required lead-time of 1.5 weeks. Ordering cost per order for MARGI is $14, and annual holding rate is 22%. Management is worried about daily variations of the demand, thus has decided to increase the EOQ order size by a lot.

1. Would management improve the cycle service level by doing so?
   1. Yes. The average inventory increases.
   2. Yes. If the order size increases, the safety stock also increases.
   3. Yes. The ratio of [Order size]/[Demand] increases.
   4. No. Order size does not affect the service level.
      
2. MARGI used to work with 50% service level before. How much safety stock MARGI held?
   1. I need to know the standard deviation, in order to answer.
   2. No safety stock at all
   3. 50% of the order size
   4. None of the above

To apply the cycle-service-level policy MARGI estimated the monthly standard deviation of demand at 53.5 bottles, where one month is considered 4 weeks.

3. Which statement is correct about the re-order point.
   1. The re-order point can be calculated by (1.5/4)*52)*125+sqrt((1.5/4)*52)*53.5
   2. Please provide the service level required SL, and then I will follow with norm.inv(SL,125,53.5)
   3. Please provide the service level required SL, and then I will follow with norm.inv(SL,125*(4/1.5),53.5*sqrt(4/1.5))
   4. Please provide the service level required SL, and then I will follow with
      norm.inv(SL,125(1.5/4),53.5*sqrt(1.5/4))
      
4. Management allows holding cost of safety stock to amount to 25% of the annual holding cost of the EOQ policy. What cycle service level can MARGI achieve with this amount of money? Calculate and show your work.
   

discuss crowdfunding on platforms:

What features of the services incorporate virality?

What are some of the ways these services take advantage of network externalities?

Why do we compare means instead of individual scores? for comparing average SAT test scores across the various bachelors batches which test would we use and why?

Please provide "Solver"informations.

1. What are the optimal values of the decisions variables when minimizing production costs?

2. Do any canstraints have slack? If yes, which one(s) and how much slack does each have?

3. Do any of the constraint have surplus? If yes, which one(s) and how much surplus does each have?

4. Are any constraints redundant? If yes, which one(s)?

A neurologist needs to counsel a stroke victim and her husband about possible outcomes, treatment options, and lifestyle changes that may be necessary. The patient is located in rural Utah, and the neurologist is in Salt Lake City. What is the most appropriate way for the physician to communicate?

The doctor should talk to the patient and her husband through video conferencing so facial expressions can be read and understanding confirmed in real time. The doctor should email the information to a local, nonspecialist physician in the patient’s hometown, and that doctor can communicate face-to-face with the patient and her husband. The doctor should send a detailed email outlining the many options and considerations and inviting the patient and her husband to email him back with any questions. The doctor should use Intermountain Healthcare’s extensive database to provide the patient and her husband with factsheets on her condition, links to websites for rehabilitation facilities, and contact information for support groups.

Case Study: Personal Beliefs in the Workplace Don Shakow was a prominent professional who worked in Seattle and Massachusetts in U.S. This case study discusses the nature of Don Shakow’s professional and personal lives. When you read the case study, notice that Don had controversial personal opinions and choices. The heading of Don Shakow’s obituary reads, "Don Shakow’s moral beliefs put to test in the workplace." Although as an economist (rather than an engineer), Shakow’s commitments and expertise certainly overlapped those of engineers. Among other things, he served as an expert witness on the economics of rapid-transit and public energy proposals. In the mid-70s, he joined Mathematical Sciences Northwest to evaluate proposed power projects for Seattle City Light Company, the city’s electricity utility. His finding that regional energy needs were seriously over-estimated resulted in Seattle City Light withdrawing its support for two Washington public power supply system nuclear plants. Shakow’s former colleague, Frank Miller, commented that their eventual construction "resulted in the largest utility-bond default in U.S. history." Shakow supported many liberal political causes, such as organic farming, home grown food, and food cooperatives. He protested against the Vietnam War. He co-founded the Little Bread Co., which carried messages on its reader board, such as "We Can’t Support One Gov’t ‒ Let Alone Thieu" (A reference to the then premier of South Vietnam). No doubt a somewhat controversial figure throughout his activist life, he was characterized by the reporter, Carole Beers, as "that rare individual: he fully integrated his moral beliefs into his work life." Page 2 of 3 Discuss the difficulties of fully integrating one’s moral beliefs into one’s work life.

1. According to this case, what was the key thing Don Shakow was doing in his life? ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________

2. Is it desirable to try to mix ones moral beliefs with work life? Support your answer with an example. ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________

3. Can one’s personal obligations conflict with the obligations that one has as a professional engineer or employee?

Support your answer with an example. _______________________________________________________________________________________________________________________________________________________________________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________ ______________________________________________________________________________

4. If so, how should such a conflict be resolved?

1: Competency framework usage is the modern best practice in management.

1. What is meant by competency
2. What are the benefits of using such a framework
3. How to develop a competency framework
4. How you are going to apply it to your organization

2: With your study of the theory of Conflict Styles:

1. What are the different conflict styles
2. What is the role of culture in conflict
3. How you can use effective communication in minimizing conflict at your organization
4. What initiatives you can apply to your organization to enhance teamwork.