ACCT 540 Lecture Notes - Lecture 7: Individualism, Femininity, Costco
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Show how it"s related to company characteristics and policies such as m & as, marketing strategy, and ceo compensation. How does machiavellian ceo behavior affect firm performance (roa, stock prices). Make significantly more than avg employee of company. Makes employees work long hrs/poor working conditions/few benefits/degrades employees. Firm performance: overprices product/services while being stingy with cost: high roa. Arrogant attitude + parties a lot + fun guy. Set clear objectives goals for the team and each individual as a team: foster sense of motivation and sense of ownership. Identify ways to define and measure success and failure of goals, identifying outcomes and test of incremental success. Work towards goals together and individually, have someone mediate interpersonal disputes. Monitor progress with team progress meetings and check ins. Refer to #1 or the exact opposite as the other scenario. Set up and develop a team for your organization. Write a scenario involving a machiavellian leader and a set of subordinates.
