The board of directors for a large corporation always agrees with the chairman's ideas without any serious discussion, no matter how flawed those ideas seem to be. Which of the following explains the behavior of the board?
A. groupthink
B. yes-men syndrome
C. iron law of oligarchy
D. the Hawthorne effect
Answer: A
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Which of the following classes in the United States uses the terms “old money” and “new money” to distinguish its members’ wealth?
a. Upper class b. Middle class c. Working class d. Power class
The Codification was established to assist in reducing the time necessary to research an accounting issue and improve the ability to utilize accounting information that conforms with GAAP.
Answer the following statement true (T) or false (F)
Science can be defined as a ________
a. logical system that bases knowledge on direct, systematic observation. b. belief based on faith in ultimate truth. c. belief based on a society's traditions. d. logical system that bases truth on political goals.
Racial categories are
a. inflexible historical constructs. b. meaningful to people of color but do not really apply to Whites. c. socially defined and change over time. d. determined by strict biological criteria.