Answer the following statements true (T) or false (F)
1. The need for affiliation within McClelland’s acquired needs theory is the desire to
control and influence the behavior of others.
2. Of the six behaviors stated in the textbook that change perceived inequity, an attempt
to change outcomes means that employees might try to get better outcomes for their
efforts.
3. Procedural justice is the degree to which people perceive outcomes to be fairly
allocated.
4. People may be more motivated to work hard when they perceive their treatment as
being unfair, but demotivated if they consider their treatment to be fair.
5. Employees who set goals in participation with their managers will have higher levels
of performance and be more motivated to achieve the objectives.
1. false
2. true
3. false
4. false
5. true
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Tracey, an employee at Holander Holdings, was suspended for two weeks for drug use. Six months later, she was fired from the job because her productivity did not show any improvement even after undergoing treatment for drug use. Which form of discharge did Tracey experience?
A. downsizing B. involuntary turnover C. early retirement D. open-door policy E. voluntary turnover
Charlie's Hotdog Stand Charlie's Hotdog Stand sells hotdogs for $2.50 each. The variable costs per hotdog are $.50. Charlie's fixed costs are currently $800 per month. Charlie is considering expanding his business to three hotdog stands which will increase fixed costs per month by $1,200. Refer to the Charlie's Hotdog Stand information above. If Charlie does expand his business to three stands,
how many additional hotdogs will need to be sold per month in order to break even? A) 1,000 hotdogs B) 600 hotdogs C) 200 hotdogs D) 480 hotdogs
A Pareto chart ______.
a. is a vertical bar chart b. shows bars arranged in increasing height from left to right c. shows the values in different colors d. is similar to a pie chart
Financial capital refers to the:
A. money that a business earns in sales, minus the expenses. B. costs a business incurs when its expenses are greater than its revenues. C. funds a firm uses to acquire its assets and finance its operations. D. returns that a firm pays its owners for their investments in the company.