When using a self-managed team, a manager should
A. delegate administrative oversight of work scheduling and customer interaction.
B. control the team's staffing and scheduling.
C. offer lucrative individual bonuses.
D. allow members to fire their team members.
E. provide elaborate retreats for team discussions.
A. delegate administrative oversight of work scheduling and customer interaction.
Self-managed teams are defined as groups of workers who are given administrative oversight for their task domains. The most common chores of today's self-managed teams are work scheduling and customer interaction, and the the least common are hiring and firing.
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Which of the following does not reflect the accounting and impact on the statement of cash flows for the sale or transfer of accounts receivable?
A. Receivable sales transfer future operating cash flows into the current period. B. Receivable sales create an operating cash inflow on the cash flow statement. C. Receivable sales are not reported in the statement of cash flows as they do not represent collections from the end customers and therefore are not part of operating cash flows. D. Receivable transfers that are secured borrowings have no effect on operating cash flows.
Zack Pride is an experienced salesperson who has worked for the same company for 20 years. When he is informed that he must attend a training seminar the following Tuesday, he believes it will most likely be about
A. the company. B. his customers' companies. C. basic selling methods. D. new-product information. E. prospecting.
When the supply of money saved exceeds the demand for money, then banks will
A) increase interest rates to attract more savers. B) lower interest rates to discourage savers. C) put money on sale by making loans more attractive. D) both A and B above. E) both B and C above.
Which of the following does not influence the amount of a retiree's Social Security retirement benefits?
A) Amount of covered earnings for each year of included work B) Number of years after a person's 21st birthday until the year before a death, disability, or retirement C) Annual amount of non-wage income over the years calculated in the AIME D) Maximum earnings amount subject to the tax