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AysviL [449]
3 years ago
5

With practical illustrations, discuss how managers can leverage on organizational behaviour components to maximize business succ

ess
Business
1 answer:
krok68 [10]3 years ago
8 0

Explanation:

In an organization, human capital is grouped into different teams and units in order to assist in achieving organizational goals and objectives. The study of organizational behavior will assist in understanding how people of different profiles and personalities will behave according to their functions and groupings.

In a practical illustration, <u>managers can analyze the organizational structure</u> to align their decisions and increase their control. In organizations with a decentralized structure, managers can set up decision-making units to evaluate new ideas and innovative concepts.

<u>Organizational policies</u> and procedures must also be developed comprehensively, and firstly complied with by the company's leadership, so that each employee feels ethically protected and has as an example how to act and work in that organization.

It is also necessary to have a<u> well-established communication system</u>, so that there is no noise and so that the information is shared in an ideal way.

Finally, <u>integrating ethical work with technologies</u> that make work easier and faster are some techniques that can help managers to maximize business success.

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An increase in the real wage would result in a:________. a. shift of the labor demand curve, causing an increase in the number o
barxatty [35]

Option C

An increase in the real wage would result in a: movement along the labor demand curve, causing a decrease in the number of workers hired by the firm.

<u>Explanation:</u>

The wage rate is circumscribed by the crossing of supply and demand for labor. The demand curve depends on the marginal product of labor and the cost of the good labor originates.

A variation in the wage or payroll will end in a shift in the amount necessitated of labor. If the wage rate increases, organizations will require to hire fewer employees. The quantity of labor demanded will decline, and there will be a movement skyward on the demand curve.

5 0
3 years ago
What is a major disadvantige of a centrally planned economy
cupoosta [38]

Answer:

Lack of competition

Explanation:

A centrally planned economy lack competitiveness. The government decides what to produce, the price, and the distribution channel. Because of these restrictions, there is no motivation for profits. Without competition, a centrally planned economy will have the following features.

  1. There be a lot of inefficiency and wastefulness.
  2. Consumers will not have a variety of goods and services to choose from in the markets.
  3. Businesses will make low profits.
6 0
3 years ago
If two individuals are licensed in the same line with two different companies join together to sell a policy, the commission can
NISA [10]
<h3><u>Answer:</u></h3>

The commission can be shared between the two agents.

<h3><u>Explanation:</u></h3>

Many times different companies collaborate with each other to sell a particular policy to maximize their profits. When there are two agents licensed in the same line and when the two companies collaborate to sell a policy then the commission is shared  between the agents.

This is because they will work together for the profits and that when the two companies collaborate they become one to sell the policy. The agents work together and the commission is given to them as a whole. This is a common practice when two companies work together.

4 0
3 years ago
Whether you need a portfolio or not is dependent on_____ (1 point) a. if you have a portfolio at home b. the type of job for whi
Mrrafil [7]
The answer is b the type of job for which you are applying
6 0
2 years ago
Diversity in work groups can create conflict, so managers should try to minimize diversity when assigning people to teams.T/F
Ostrovityanka [42]

The given statement is False.

Diversity in work groups can create conflicts, so managers should try to minimize diversity when assigning new people to teams, is a False Statement.

Explanation:

Diversity means a whole range of diverse or different things. Diversity can be defined as the state of being diverse. Diversity is a concept which emphasizes that concept that every person is different and unique in his or her own way and we all should respect the differences between people.

People can be considered diverse on the basis of

  • Ethnicity
  • Race
  • Gender
  • Age
  • Physical Abilities
  • Cultures
  • Status
  • Religion
  • Political beliefs, etc.

So when people with diversity come together to work with each other, they may share different opinions on the basis of their different backgrounds and the final result will be a sure success. So managers rather prefer to make teams of people with diversities.

Learn more about diversities at:

brainly.com/question/11427393

brainly.com/question/1446827

#LearnWithBrainly

7 0
3 years ago
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