Answer the following statements true (T) or false (F)
1. When open systems work well, they create a value chain.
2. One might consider coworkers to be internal clients.
3. An organization’s most important asset is its people because they can create,
strategize, and innovate.
4. The organizational behavior model consists of individuals, departments, and
organizations.
5. Managers who practice positive organizational behavior value human capital as
their least important resource.
1. TRUE
2. TRUE
3. TRUE
4. FALSE
5. FALSE
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The expected length of time a customer will remain active is known as:
A) win-back rate. B) survival rate. C) lifetime duration. D) retention rate.
Dan Company recently acquired two items of equipment. The transactions are described below: June 10: Acquired a press at an invoice price of $6,500, subject to a 2% cash discount which was taken. Costs of freight and insurance during shipment were $205 . Installation costs were $350. November 12: Acquired a welding machine at an invoice price of $4,000, subject to a 4% cash discount which was NOT
taken. Additional welding supplies were acquired at a total cost of $300. The increase in the equipment account as a result of the above transactions would be a. $10,525 b. $10,720 c. $10,925 d. $11,225
Which of the following is a recommended guideline for evaluating the lease versus buy decision for a three year lease?
a. 1% rule b. 2% rule c. 5% rule d. 4% rule e. 3% rule
In the context of talent analytics, ________ is defined as a diagram that links investments in an HR program to financial and nonfinancial outcomes that decision makers care about.
A. spiral diagram B. round diagram C. class diagram D. logic diagram