The competing values framework classifies organizational cultures into which of the following?
A. Stable, flexible, and laddered cultures.
B. Observable, flexible, competitive, and driven cultures.
C. Symbolic, heroic, and basic cultures.
D. Clan, adhocracy, market, and hierarchy cultures.
E. Observable, espoused, and core cultures.
D. Clan, adhocracy, market, and hierarchy cultures.
According to the competing values framework, organizational cultures can be classified into four types: (1) clan, (2) adhocracy, (3) market, and (4) hierarchy.
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To avert troubles and reinforce the idea that they are responsible and concerned local residents, all foreign companies operating internationally should ________
A) focus on communicating just how responsible they are as concerned local companies B) continue to lead by example that they think and act globally C) publicize how they are the single-most important standard-bearer for their host countries D) take proper actions first then communicate it appropriately
Pick a product that you use every day. Describe the customer segment or segments this product would appeal to.
What will be an ideal response?
Your friend, Linda, started a graphic design firm about a year ago. The business has done well, but it needs a lot more equipment, computers, and employees to continue expanding. Linda does not see any problem because she thinks she can easily get all the money she will need from her local bank. What advice might you give her?
A. She is right, the bank is likely to lend her as much as she needs because banks primarily focus on supporting small businesses. B. She is crazy, banks do not lend money to small businesses but only to well- known, well-established organizations. C. She should sell her business immediately before it fails because most small businesses fail during the first five years. D. She should not accept any new clients so that she can end the need to add additional equipment and employees. E. She should consider alternative sources of financing because banks provide only about one-fourth of the total capital to small businesses.
The ending balance of accounts receivable was $69,000. Sales, adjusted to a cash basis using the direct method on the statement of cash flows, were $354,000. Sales reported on the income statement were $378,000. Based on this information, the beginning balance in accounts receivable was:
A. $45,000 B. $94,000 C. $93,000 D. $24,000