In chapter 6, your textbook identifies three of Kelman’s suggestions as to why people might follow what organizations want – even when such actions are morally and ethically reprehensible. Which one of the following is NOT one of those?
a. The highest authority in the organization sanctions the organizational action in question
b. The actions that enact organizational behavior are routinized so that organizational members rarely identify with the complete task but only small segments of it
c. The organization chooses clearly morally and ethically suspect individuals and then uses them to achieve its ‘unstated’ objectives
d. The victims of the organization’s actions are dehumanized through ideological definitions and indoctrinations adopted by those in the organization
c. The organization chooses clearly morally and ethically suspect individuals and then uses them to achieve its ‘unstated’ objectives
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If a company uses the allowance method to account for bad debts, when will the company's owners' equity decrease?
a. At the date a customer's account is written off b. At the end of the accounting period when an adjusting entry for bad debts is recorded c. At the date a customer's account is determined to be uncollectible d. When the accounts receivable amount becomes past due
Marla owns a bridal salon. She has an overstock of last season’s gowns and needs to make room for this season’s dresses by the time she goes to market. Marla decides to hold a sale to liquidate the old bridal gowns. The best way for her to get the word out about the sale is to use which kind of communication?
A. electronic B. nonverbal C. oral D. written
Using the selected information given below for Luk Company, calculate the return on assets, debt ratio, and profit margin. Comment on the results of operations and the financial position of the company for the year.Sales1,050,000Expenses795,000Assets (beginning of the year)1,500,000Assets (end of the year)1,900,000Liabilities850,000
What will be an ideal response?
One advantage of the payback method for evaluating potential investments is that it provides information about a project's liquidity and risk.
Answer the following statement true (T) or false (F)