Which of the following is an element of an effective plan for crisis management?
A. evasive actions to put physical distance between the company and the crisis
B. psychological and cultural actions to account for the human and emotional toll
C. constraint actions to prevent the press or other outsiders from discussing the crisis
D. incremental actions to ensure the crisis is handled in set stages over a long period
E. aggressively competitive actions to help the company bounce back immediately
Answer: B
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A company has 90 employees and a weekly payroll of $117,000. The FICA-social security tax withheld totals $7,254 and the FICA-Medicare tax withheld totals $1,696.50. The total withholding for federal income tax is $16,500. Prepare the journal entry to accrue this week's salaries expense and withholdings.
What will be an ideal response?
Answer the following statements true (T) or false (F)
1. The tendency to assume collective bargaining is a zero-sum or constant-sum game is deeply engrained in U.S. labor relations. 2. Modified integrative bargaining is a strategy in which the parties begin with integrative bargaining and then turn to distributive bargaining for any issues where they were not able to find common ground. 3. One of the challenges in adopting a distributive bargaining strategy is that there are strong social norms in place for the parties to act in an integrative way. 4. Using the Affinity Method of Collaborative Economic Bargaining, parties identify bargaining issues, determine a costing methodology, and brainstorm options and solutions before making any proposals. 5. The parties' attempts to manage their relationship in negotiations by focusing on building trust and respect for one another is characteristic of attitudinal structuring.
Wayne agrees over the phone to sell L.J. Cartwright 1,000 yards of 1-inch diameter rope. Wayne honestly believes that L.J. Cartwright offered to pay $1.00 per yard whereas L.J.Cartwright actually offered to pay 75 cents per yard. If the parties subsequently take their dispute to court, the fact that L.J.Cartwright admits on the stand that he offered to pay Wayne 75 cents per yard will:
a. prevent L.J.Cartwright from using the statute of frauds to nullify the contract. b. create an unconscionable contract. c. make it possible for Wayne to enforce the contract to sell 1,000 yards of rope at a price of 75 cents per yard. d. Both a and c are correct.
Jill tells Ken, who has no knowledge of literary comedy, that she will tutor him in the subject for $50. As an offer, this is
A. effective. B. not effective, because comedy is not a serious subject. C. not effective, because Jill's tutoring will be subjective. D. not effective, because Ken has no knowledge of the subject.