________ is a motivational approach in which an organization's financial statements are shared with all employees.

A. Pay-for-performance
B. Self-determination approach
C. Open-book management
D. I-Change model


Answer: C

Business

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The e-procurement solution introduced by General Electric for selecting suppliers is called ______.

A. negotiation B. competitive bidding C. online reverse auction D. Dutch auction

Business

An account is said to have a debit balance if

A) the amount of the debits exceeds the amount of the credits B) there are more entries on the debit side than on the credit side C) its normal balance is debit without regard to the amounts or number of entries on the debit side D) the first entry of the accounting period was posted on the debit side

Business

Which of the following is not a skill required for meeting participation?

A. writing B. collaborating C. listening D. compromising

Business

______ is a system used by companies to systematically plan and control their logistics and product distribution activities through generating a time-phased, inventory-replenishment plan to manage and minimize inventories in the supply chain.

A. Material requirements planning (MRP) B. Manufacturing resource planning (MRP II) C. Enterprise resource planning (ERP) D. Distribution requirements planning (DRP)

Business