What is an advantage of using balanced scorecard?
A. It eliminates the need to communicate the details of an incentive plan to the employees.
B. It helps employees understand the organization's goals.
C. It reduces employee stress because it does not focus on financial targets.
D. It increases the pay for all employees in the organization regardless of their performances.
E. It eliminates managerial effort when providing incentives to employees.
Answer: B
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Which of the following statements about the development of the U.S. economy is accurate?
a. Westward expansion thinned out the population and caused a temporary economic stagnation. b. Westward expansion broke down the integrated businesses and brought more competition. c. Economic growth resulted in the fall of chartered organizations and increased the power of banks. d. The Industrial Revolution brought about an economic boom in the United States.
Ideal standards are an effective means of controlling variances and motivating workers
Indicate whether the statement is true or false
A client who operates a diner wants to know if he can hire a 12-year-old to be a dishwasher. The answer the attorney can give is:
A) Yes, 12-year-olds can work under close supervision. B) Yes, if the parent consents. C) No, the only job allowed is newspaper delivery. D) No, the only job allowed is nonhazardous work.
The value of the _____ is used to estimate the value of the population parameter
A. population statistic B. sample parameter C. population estimate D. sample statistic