Kasey Stevenson is starting a firm in the women's clothing industry primarily to pursue financial rewards. According to the textbook, starting a business to make a lot of money ________.
A) often fails to live up to its hype
B) is equally as satisfying as other reasons for starting a business
C) is the number one reason people start their own business
D) is the number two reason that people start their own business, right behind the lack of better career prospects
E) does not rank among the top three reasons that people start their own business
Question 2
Refer to Additional Case 1.4. Which of the following questions is most relevant to the situation at Crowe?
Additional Case 1.4
Crowe, Inc. has been a powerful steel producer for the last 15 years and predicts a profitable future. Crowe has a very secure position within the steel industry and does not plan to expand into different industries. Top managers exercise significant control over the firm. Crowe strives to develop new products and technologies. The company offers employees long-term career development and grooms employees for promotions through a highly structured HR system. In the past, the company's atmosphere has been very congenial and cohesive at all levels of the organization.
Recently, there has been a noticeable shift in employee attitudes. Lower-level employees have expressed discontent about schedules, compensation, and training opportunities. Several employees have been fired, and many others have threatened to quit.
A) What tasks are outsourced by the firm?
B) What is the firm's current rehiring policy?
C) How frequently do managers receive performance appraisals?
D) How is work flow structured and communicated by managers?
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