In single-loop learning, the assumptions, premises, goals, and strategies of the organization are continuously monitored, tested, and reviewed.

Answer the following statement true (T) or false (F)


False

The traditional approach to strategic control is based on a feedback loop from performance measurement to strategy formulation. Such traditional control systems, termed single-loop learning by Chris Argyris of Harvard University, simply compare actual performance to a predetermined goal.

Business

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When end-of-period adjusting entries are made under the periodic inventory method, the only one involving inventory occurs when there is less physical inventory than shown in the balance on the unadjusted trial balance

Indicate whether the statement is true or false

Business

Who among the following would be the best person to make sure that high-quality customer service standards are achieved by retailers?

A. Marketing manager B. Human resources manager C. Financial manager D. Advertising manager E. Store manager

Business

Acme, Inc., produces widgets. To manufacture a new type of widget, it took 73 hours for the first widget. Acme estimates it has an 88% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 109th widget.

a. 31.24 hours b. 34.86 hours c. 30.81 hours d. 32.90 hours

Business

A business law professor made this statement on a law professor list serve. "Students often tell me that they learn in HR that they will be sued if they are asked for a reference and give more than "name, rank and serial number." I always tell them that

so long as anything they say is truthful and can be proven, they will win any suit for defamation. Explain why the HR managers gave the advice referred to and the law professor gave that response.

Business