Question: Please tick on the right answer for all the questions 47- Straw Company has been experiencing problems in maintaining the level of productivity, and its
Please tick on the right answer for all the questions
47- Straw Company has been experiencing problems in maintaining the level of productivity, and its managers have held a meeting to consider the possible reasons for this. The following statements were made by individuals managers at the meeting: (1) 'The level of staff morale appears to be low. I am surprised by this, as I have always found people in my team to be enthusiastic' (2) I do not understand why the worker complains so much. We awarded a 3% pay increase last year, despite a poor results. They never seem to be appreciate what we try to do for them.' (3) 'This company places too much faith in people. The only time that members of my team are creative is when it comes to getting around management rules.' (4) 'If we are to improve productivity, we have to use people's strengths more. Many of my colleague do long hours, never ask for overtime pay.' With reference to McGregor's theory. For each statement made at the meeting, indicate whether it suggests a Theory X or Theory Y attitude to people at work. Statement 1: Statement 2: Statement 3: Statement 4: 48- Which of the following circumstances are recognized threats to ethical behavior? (1) Lack of clarity on expected organizational standards (2) Pressure to maintain share value in the short-term (3) Employing poorly qualified staff 1,2 and 3 2 and 3 only 1 only 2 only 49- Which of the following would normally be the responsibility of a treasury department? (1) Arranging a bank overdraft (2) Collecting accounts receivable (3) Managing foreign currency exposure 1 and 2 2 and 3 1 and 3
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