MGT 3320 Study Guide - Midterm Guide: Workforce Planning, Legal Realism, Fiesta Mart
Document Summary
Vision purpose; very general, summarized in 2 sentences. Related all products are related to each other so managers are able to shift around: recruiting isn"t that difficult, ex: limited brands (retail) They didn"t know where they were going so they didn"t know how to compete. Positioning generic strategies: cost leadership focused on high levels of efficiency and reducing costs, there can only be one per industry, cost leader and hr. Guaranteed overtime if have non-professional job that pays per hour and works 40 hours per week. Representiveness: the allocation process must represent the concerns of all important subgroups and individuals (cannot reward one group over another, ex rewarding ppl that sit in the front of the class with an a in the class) Consistency: managers should ensure that procedures are consistent across people and over time. Bias suppression: managers need to prevent personal self-interest and blind allegiance to narrow preconceptions.
