Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1 ) Please introduce yourself to your classmates and the instructor. It could be some combination of the following: your name / nickname , where

1) Please introduce yourself to your classmates and the instructor. It could be some combination of the following: your name/nickname, where you are from, what is your major, your current/past/part-time/full-time work experience, and what you are hoping to learn in this course.
2) Now, let's ponder a more challenging question based on the chapter material: How Much Are Your Values Worth to You?
How much are you willing to pay for the job you want? This may sound like a strange question, since your employer will pay you to work, but think again. Consider how much you value a specific type of work, or how much you would want to work for a specific organization because of its values.
A study shows scientists who want to continue engaging in research will accept some $14,000 less in annual salary to work at an organization that permits them to publish their findings in academic journals, implying that some scientists will pay to be scientists. This finding appears to hold in the general business world too. In a survey, 97 percent of Stanford MBA students indicated they would forgo some 14 percent of their expected salary, or about $11,480 a year, to work for a company that matches their own values with concern for stakeholders and sustainability. According to Monster.com, an online career service, about 92 percent of all undergraduates want to work for a green company. These diverse examples demonstrate that people put a real dollar amount on pursuing careers in sync with their values.
On the other hand, certain high-powered jobs such as management consulting or investment banking pay very well, but their high salaries come with strings attached. Professionals in these jobs work very long hours, including weekends, and often take little or no vacation time. These workers pay for pay in that they are often unable to form stable relationships, have little or no leisure time, and sometimes even sacrifice their health. People pay formake certain sacrifices forwhat they value, because strategic decisions require important trade-offs.
Identify your personal values. How do you expect these values to affect your work life or your caree

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction to Operations and Supply Chain Management

Authors: Cecil B. Bozarth, Robert B. Handfield

4th Global edition

1292093420, 978-1292093420

More Books

Students also viewed these General Management questions