The grapevine in an organization
a. is typically no more or less accurate than other channels.
b. serves no necessary purpose; thus, managers should work to eliminate it.
c. passes a message in single file from person to person until it finally reaches the end of the line.
d. has a single, consistent source.
A
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Rosiland, Inc. purchases 16,000 shares of its previously issued $2 par value common stock for $460 per share. Which of the following is the correct journal entry to record this transaction?
A) Debit Common Stock—$2 Par Value $7,360,000, and credit Cash $7,360,000. B) Debit Cash $7,328,000, and credit Paid-In Capital in Excess of Par—Common $7,328,000. C) Debit Cash $7,328,000, and credit Treasury Stock—Common $7,328,000. D) Debit Treasury Stock—Common $7,360,000, and credit Cash $7,360,000.
Which of the following plays the most important role in government buying?
A) price B) product differentiation C) advertising D) personal selling E) customer relationship management
When identifying which foundations to target, the strategic emphasis should be on
a. Pitching the budget at an appropriate level b. Selling a worthwhile cause c. writing a persuasive proposal d. matching interests e. figuring out which ones have the most money
For a utility function that exhibits decreasing martingale utility, the martingale utility is low when:
A) Consumption and utility are low B) Consumption and utility are high C) Consumption is low and utility is high D) Consumption is high and utility is low