Is socialization only for organizational newcomers?
What will be an ideal response?
Not only for newcomers, the socialization process also goes on throughout an individual's career. As the needs of the organization change, for example, its employees must adapt to those new needs; that is, they must continue to be socialized.
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Departmental gross profit is the difference between a department's net sales and the department's cost of goods sold
a. True b. False Indicate whether the statement is true or false
Both U.S. GAAP and IFRS require reporting that results in the more conservative measurement of earnings
Indicate whether the statement is true or false
Your Wish, Inc. ? Cindy worked for a retail company and noticed there were many things it could do better. She shared some of her ideas with upper management, but it did not want to do things differently. When Cindy went home to talk to her husband, they both realized that, given her passion, it would be better for Cindy to open her own business. After a lot of consideration, she decided to open a sporting goods store called Your Wish, Inc. She also knew just where to open the store?right next to her house. ? To be certain to address all aspects of the business, Cindy hired a marketing research firm to determine the best location. Once all the research was compiled and analyzed, she realized that it would actually be better to open the store in a different area. She also realized
that deciding where to locate the business was not the only major concern. More specifically, she would have to focus on the four elements of the marketing mix as well, creating a whole marketing plan. Her husband mentioned the possibility of using online information services to help with the business. With her husband's support and a good marketing plan, Cindy felt that she would be prepared to make the right decisions. Refer to Your Wish, Inc. Cindy thought about focusing on the four elements of the marketing mix. Which of the following is one of those elements? A. Production B. Price C. Power D. Possession E. Personal income
On May 2, Handy Hardware sent Ram Industries a signed purchase order that stated in part: "Ship for May 8 delivery 300 Model A-X socket sets at current dealer price. Terms 2/10/ net 30.". Ram received Handy's purchase order on May 4 . On May 5, Ram discovered that it had only 200 Model A-X socket sets and 100 Model W-Z socket sets in stock. Ram shipped the Model A-X and Model W-Z sets to Handy
without explanation concerning the shipment. The sockets were received by Handy on May 8 . Assuming a contract exists between Handy and Ram, which of the following implied warranties would result? I. Implied warranty of merchantability II. Implied warranty of fitness for a particular purpose III. Implied warranty of title a. I only. b. III only. c. I and III only. d. I, II, and III.