Every year, 7 Days, a large retail chain, organizes a large annual function in which it gives an "Employee of the Year" award to a deserving employee, along with a $5,000 cash prize and an opportunity to launch the retail chain's new product. This is an example of which of the following components of organizational culture?
A. basic underlying assumptions
B. stories
C. symbols
D. ceremonies
E. espoused values
Answer: D
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Which of the following softwares allows Internet firms to monitor when customers blog, comment, post, share, link, upload, friend, stream, write on a wall, or update a profile?
A) cookies B) caches C) bridges D) cliques E) buzzers
Assume common stock is issued to employees as a result of exercising stock purchase rights issued under a noncompensatory share purchase plan. Which of the following accurately describes the effect on the company's income, paid-in capital, and retained earnings, respectively?
A) decreased, increased, and decreased B) no effect, increased, and increased C) decreased, increased, and no effect D) no effect, increased, and no effect
Nick, a builder, contracts with the city of Chicago to build a new convention center. Jack, a hotel owner, stands to benefit once the convention center is built. Jack decides to sue Nick if Nick backs out of the contract. Which of the following statements is true of this scenario?
A. Jack can sue Nick because he is a donee beneficiary. B. Jack can sue Nick because Jack is a citizen of Chicago. C. Jack cannot sue Nick because he is a creditor beneficiary. D. Jack cannot sue Nick because he is an incidental beneficiary.
A trial balance is normally prepared at the end of the day
Indicate whether the statement is true or false