Business, 18.07.2020 18:01 SKYBLUE1015

Each morning, the COO of Widgets Inc. strolls through the production plant and chats with employees. The COO uses this time to establish relationships with employees and share or receive information on work-related topics. This is an example of

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Answer from: kassandrarosario1115

Management by walking around (MBWA).

Explanation:

In this scenario, Each morning, the chief operating officer (COO) of Widgets Inc. strolls through the production plant and chats with employees. The COO uses this time to establish relationships with employees and share or receive information on work-related topics. This is an example of management by walking around (MBWA).

A management by walking around can be defined as a business management style which involves the manager strolling around the company or production plant to chat with workers or employees, check equipments and share or receive information on work-related topics. It is usually carried out unplanned by the manager and as such the employees aren't really aware of such unstructured strolls or movements.

The purpose of engaging in this kind of management style is to get acquainted with the employees and strengthen the bond existing between them and the company. Also, it would help to boost morale, productivity and close supervision of their roles, functions or responsibilities in the production plant.

Additionally, the management by walking around is also known as management by wandering around and it helps managers (employers) to have a better understanding of issues, concerns and brilliant ideas of their employees.

Answer from: Quest

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

Answer from: Quest

Iguess you must be confident and have the qualifications do this job you go

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Each morning, the COO of Widgets Inc. strolls through the production plant and chats with employees....