In the context of organizational models, which of the following statements is true of matrix organizations?
A. They are less flexible than line-and-staff organizations.
B. They create a lower level of motivation and satisfaction for employees than line organizations.
C. They bring together specialists from different areas of the organization to work on individual projects on a temporary basis.
D. They reduce conflict and stress among employees as they need to report to only one boss.
Answer: C
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When one of the parties to a barter transaction is not willing to accept the goods included in the transaction, that party is likely to utilize the services of a:
A) switch trader. B) Foreign Trade Organization. C) Foreign Sales Corporation. D) Mittelstand owner. E) broker.
The team tactic sharing the glory is usually justified because
A) team-based pay has replaced individual pay. B) glory sharing fits the WIIFM principle. C) most team accomplishments require input from several members. D) most team members are self-centered.
Consider the following statements about pricing and the law: I. American antitrust laws restrict certain types of pricing behavior. II. The term "price discrimination" involves charging different prices to different customers for the same goods and services. III. Charging different prices to different customers for the same goods is permissible if price differences are based on cost differences of producing and/or selling the good. Which of the above statements is (are) true?
A. II and III. B. II only. C. I, II, and III. D. I and II. E. I only.
Which of the following is not a remedy of the buyer?
A) The buyer has the right of cover and to receive damages. B) The buyer may have the right to obtain specific performance. C) The buyer may have the right to recover incidental and consequential damages. D) All of these may be remedies of the buyer.