Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Ellen Baker is CEO of Chasma, Inc., a provider of wireless Internet-related services. Her firm has been very successful over the past several years as

  1. Ellen Baker is CEO of Chasma, Inc., a provider of wireless Internet-related services. Her firm has been very successful over the past several years as wireless technology has continued to develop. In recent months, however, she has noticed that the job attitudes of many of her employees have become negative. Ellen is not sure what to do about this problem, but she fears that if she doesn't fix it, bad things are likely to happen. What should Ellen know about job attitudes that would help her to deal with this situation? Specifically, let her know what aspects, or facets, of a job her employees might be more or less satisfied with, and why the relationship between job satisfaction and job performance is a complex one. Educate Ellen about Herzberg's Motivator-Hygiene approach to job satisfaction and the Discrepancy approach to satisfaction, and show her how the approach you think is most useful can be used to improve the job satisfaction and performance of organizational members.
  2. Andy Syms was recently appointed manager of a new project team consisting of professionals from different functional areas of the company. Some of the members have worked with each other before, but several others have not. Help Andy build an effective team. Specifically, enlighten him about the self-oriented member concerns and behaviors that might get in the way of team development. Tell him what specific task- and relationship-oriented leadership roles he is likely to need if this team is to become effective, and why. Talk to Andy about the potential positive and negative consequences of team heterogeneity (assuming team members have diverse characteristics and backgrounds). Tell him about group cohesiveness and how this can have both positive and negative consequences for the team, and why. Also tell him what "groupthink" is and what he can do to avoid it.
  3. Suppose a project costs $222,000 at start up, generates a cash flows of $560,000 in year one, and costs $350,000 in year 2. There are no cash flows after year 2.

What is the first (lowest) IRR of the project? (38% and 10% were not correct)

14.2083%

10.0000%

24.3125%

38.0439%

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

Step: 3

blur-text-image

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

The Legal Environment Today Summarized Case Edition

Authors: Roger LeRoy Miller

8th Edition

130526276X, 978-1305279407, 1305279409, 978-1305704930, 1305704932, 978-1305262768

More Books

Students also viewed these Finance questions