Sarah has a house valued at $200,000 and insured for $180,000. It is totally destroyed by fire, due to the negligence of Courtney. Sarah recovers $180,000 from her insurer, which then subrogates against Courtney
Suppose the courts decide that Courtney must pay $100,000 in damages, because that's all the money she has. How much of this $100,000 can the insurer keep, assuming that the policy has no special provision regarding the distribution of subrogation amounts?
A) $0 (The entire $100,000 must be passed on to Sarah)
B) $20,000 (Sarah gets the other $80,000)
C) $80,000 (Sarah gets the other $20,000)
D) $100,000 (Sarah will get no additional funds)
C
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When making decisions about how to conduct performance appraisals, Spencer always rereads the company’s handbook so he can make sure he conducts the appraisal interviews fairly and in compliance with the organization’s ethics policies. It appears Spencer is using the ______ ethical approach.
A. Golden Rule B. code of ethics C. stakeholders’ approach D. discernment and advice
Walters manufactures a specialty food product that can currently be sold for $22 per unit and has 20,000 units on hand. Alternatively, it can be further processed at a cost of $12,000 and converted into 12,000 units of Deluxe and 6,000 units of Super. The selling price of Deluxe and Super are $30 and $20, respectively. The incremental income of processing further would be:
A. $44,000. B. $18,000. C. $40,000. D. $28,000. E. $12,000.
Which statement(s) below characterize stretch goals?
a. When properly managed, stretch goals may encourage flexible thinking as well as positive affect and enthusiasm. b. When improperly used, stretch goals may create feelings of fear and anxiety over the ability to achieve the goal and as a result, may actually reduce creativity and the ability to process new information c. Stretch goals should never be used because they fall into the “unattainable” range of goal difficulty and thus reduce goal commitment and motivation to achieve the goal d. both “a” and “b”
What are hammock activities and when should they be used?
What will be an ideal response?