Applying techniques like statistics and computer simulations to management are characteristic of the ______ viewpoint.
A. classical
B. behavioral
C. managerial
D. quantitative
E. contingency
D. quantitative
One of the historical perspectives consists of quantitative viewpoints, which emphasize the application to management of quantitative techniques, such as statistics and computer simulations
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Kelly Corp reported the following information for 2016 and 2017. Salaries payable, December 31, 2016 $ 3,700 Salaries payable, December 31, 2017 1,800 Salaries expense—2017 57,000 How much cash was paid for salaries during 2017?
a. $55,100 b. $55,200 c. $57,000 d. $58,900
Which of the following statements holds true for the purchase of staple merchandise?
A. Staple merchandise is purchased using a continuous replenishment system by monitoring sales and generating replacement orders. B. The main objective of staple merchandise buying is to be as close to out of stock as possible. C. Buyers often do not reorder additional merchandise after placing the first order. D. The staple merchandise buying system requires more experienced buyers. E. Buyers for staple merchandise categories have much less flexibility in correcting forecasting errors.
Which of the following is most likely to happen when a consumer does not perceive that a product has utility?
A) The customer will not buy the product. B) The customer will research the product before buying it. C) The customer will buy the product without conducting research. D) The customer will have a perceived need for the product. E) The customer will not be influenced by marketing.
Which of the following does not explain why organizations are prone to inertia and slow to change?
A. Political barriers B. Vested interests in the status quo C. Organizational investments D. Personal time constraints