BUSN 115 study Great Stories/busn115study.com BUSN 115 study Great Stories/busn115study.com | Page 85

managers, not employees, need to set goals collaborative goal setting can undermine managerial authority employees should set their own goals without input from managers Question 10. Question : (TCO 5) K.M. Retailers, an international consumer products retail chain, gives preference to women and minority-owned suppliers and subcontractors. The firm hires a large number of employees from ethnic minorities and the human resource department keeps the interests of these groups in mind while framing company policies. In this example, K.M. Retailers uses which of the following strategies? Job enrichment Ethnocentric policies Decentralization Deregulation Diversity initiatives