Notes Guide - Abilene paradox: group decision no one wants...

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Abilene paradox: group decision no one wants Asset turnover ratio: indicates how efficiently the firm utilizes its assets Balance sheet: reports assets, liabilities, and equity at specific point in time (financial position) Bureaucratic: rules, standards, and legitimate authority Charisma: quality that inspires allegiance and devotion Clan: regulates behavior based on org culture Control process: id standard, measure performance, compare, evaluate *continuous* Control: feed forward- prevents defects from happening, concurrent: as they occur Deming Management: ideas for making organizations more responsive, democratic, and less wasteful Filtering: perceptual (doesn’t pertain so don’t notice*decoding*), selective (husband brought gofl shoes 4got suit), intentional-in encoding Financial leverage ratios: indication of the long-term solvency of the firm Follow-ship: following the leader Income statements: reports profits or loss over time(P&L, income, operations) Leader-member exchange model: leaders have
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Notes Guide - Abilene paradox: group decision no one wants...

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