Asked by Raeanne Prather on May 14, 2024
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Bill, a recent MBA graduate in the field of accounting, is the finance manager of ABC Company. Bill has a problem with a shadow organisation in his division. One sensible first step in Bill's management strategy might be:
A) assuming his staff are trying to undermine him and act accordingly.
B) promising bonuses only to those employees who agree with him and work with him.
C) seeking to understand and work with the shadow organisation.
D) meeting with his employees to let them know he is the boss.
E) firing the people who are members of the shadow organisation.
Shadow Organisation
An informal network within an organization that operates based on personal interactions and relationships, rather than formal structures.
Management Strategy
A comprehensive plan to align company operations, resources, and actions with its goals, emphasizing efficiency and competitiveness.
Financial Manager
A professional responsible for managing an organization's financial health, including planning, investment, and risk management.
- Comprehend the elements of formal and informal architectures within organizational contexts.
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Learning Objectives
- Comprehend the elements of formal and informal architectures within organizational contexts.
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