Research has found that employees whose managers participated in leadership training programs reported higher levels of organizational commitment afterwards.
<h3>Why is leadership development crucial for a company?</h3>
Managers and leaders are often encouraged through leadership skills training to: Discover fresh, creative approaches to managing and developing people.create fresh business chances.
Take on the bigger socioeconomic problems they are facing.
<h3>How might leadership abilities enhance work performance?</h3>
Effective leaders are ready to encourage their team, handle and assign tasks, hear criticism, and have the pliability to address issues in a workplace that is always evolving.
These are the qualities that hiring managers search for in candidates for leadership positions.
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Answer:
supply falls and demand remains constant
Explanation:
As illustrated in the attached diagram, if supply shifts to the left (reduces) it result in a shortage of supply. Price rises to a new equilibrium point (P1 to P2) above previous price.
In the market when there is shartage of supply of a product, there is more competition by demand to get the scarce resources, in time the equilibrium price rises.
Answer:The producer has no control over the market price and must take the price offered
Explanation: it says it in the article
Answer:
B. broad bands
Explanation:
The practice described is known as broad banding and it consists in promoting salary bands that are considerably wider than the traditional pay structure. The large difference between minimum and maximum pay in this model gives the manager the flexibility for restructuring assignments and awarding pay increases.
Therefore, the answer is B. broad bands
Answer:
A) merge all demographic-based segments of markets.
Explanation:
Consumer relationship management (CRM) systems include market segmentation and analysis. The amount of information that can be gathered about existing or potential clients is enormous and CRM software helps the company to make sense of such huge data and makes it useful also. Good information that is useless is no good at all.