Nordstrom's department store chain emphasizes the great lengths to which it goes in customer service, an example of which of these reasons to enforce norms?
A. To clarify role expectations.
B. To help the group survive.
C. To create cohesiveness.
D. To emphasize the group's important values.
E. To help individuals avoid embarrassing situations.
D. To emphasize the group's important values.
Norms are enforced to emphasize the group, team, or organization's central values, such as Nordstrom's great customer service.
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Answer the following statement(s) true (T) or false (F)
13. By issuing convertible debt, the entrepreneur will become the minority stockholder and lenders will assume control over how the company is run. 14. Research suggests that women are better investors than men, as they take more time researching potential entrepreneurial ventures, and take on less risk. 15. Generally, if a venture is at an early stage, then venture capital is the most likely source of funding. 16. Angel investors usually look for opportunities in young startups that can be expected to return 10 times their investment in five years. 17. Very few founding CEOs are pushed out after giving up equity to VCs.
Ingre is a shareholder of Jazz Street Studios, Inc Ingre could normally exercise appraisal rights if Jazz Street participated in A) a share exchange
B) none of the choices. C) a takeover. D) a winding up.
Zotta Enterprises uses standard costing and applies manufacturing overhead cost to products on the basis of standard direct labor-hours (DLHs). Budgeted and actual data relating to manufacturing overhead for last year appear below: Actual fixed manufacturing overhead cost$38,900 Denominator activity 20,000DLHs Standard hours allowed for one unit 1.2DLHs Units produced 17,000units Fixed overhead budget variance$1,300Unfavorable The fixed manufacturing overhead cost applied to products was: (Round your intermediate calculations to 2 decimal places.)
A. $38,352 B. $37,250 C. $39,846 D. $31,960
All the following are expected growth areas in e-commerce except _____
a. transmitting purchase orders to suppliers b. submitting requests for quotes to suppliers c. placing orders with suppliers d. making electronic funds transfer payments e. submitting written check requests to accounts payable