Which kind of organization is most likely to try to exert too much control?

A. Clan
B. Market
C. Bureaucratic
D. Decentralized
E. Matrix


C. Bureaucratic

Some organizations, particularly bureaucratic ones, try to exert too much control. They may try to regulate employee behavior in everything from dress code to coffee breaks. Allowing employees too little discretion for analysis and interpretation may lead to employee frustration.

Business

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Which section of the 1933 Act imposes liability on any person who has violated the timing, manner, and content restrictions on offers and sales of new issues?

A. 17(a) B. 12(2) C. 12(1) D. 11

Business

California Retailing Inc. has sales of $4,000,000; the firm's cost of goods sold is $2,500,000; and its

total operating expenses are $600,000. What is California Retailing's EBIT? A) $900,000 B) $1,300,000 C) $850,000 D) $875,000

Business

If n = 20 and p = 0.70, then the standard deviation of the binomial distribution is

a. 0.14 b. 2.05 c. 14.0 d. 14.7

Business

A lottery winner can take $6 million now or be paid $600,000 at the end of each of the next 16 years

The winner calculates the internal rate of return (IRR) of taking the money at the end of each year and, estimating that the discount rate across this period will be 4%, decides to take the money at the end of each year. Was her decision correct? A) Yes, because it agrees with the Net Present Value rule. B) Yes, because it agrees with the payback rule. C) Yes, because it agrees with both the Net Present Value rule and the payback rule. D) Yes, because it disagrees with the Net Present Value rule.

Business