The city manager has to buy a replacement traffic signal with the same specifications as the other signals currently in use in the city. The manufacturer from which he purchased the last 12 signals has gone out of business and a new supplier has to be selected from a group of three possible companies. To make this purchase, the city manager will have to use ________ decision making.
A. limited
B. routine
C. selective
D. extensive
E. intensive
Answer: A
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[APPENDIX] Deferred income taxes arise because
a. corporations often make errors in their tax estimations. b. companies can use accounting methods that minimize net income for tax purposes and other methods that maximize net income for reporting to shareholders. c. the IRS owes a company a refund from last year. d. large corporations generally have operations in foreign countries whose tax law is quite different from U.S. tax law.
Which of the following is NOT a possible way to commit fraud by using a payroll scheme?
a. overstating expenses. b. falsifying hours worked. c. creating ghost employees. d. producing false worker compensation claim.
Today, ________ dominate supply chains.
A. manufacturers B. government agencies C. distributors D. wholesalers E. large retailers
Goal-Setting Process (Scenario)Steve Walker, the head of Human Resources at Talladega Instruments, wants to revamp the goal-setting process in his organization. Over the last several years, employees' goals have been the result of a simple top-down approach-goals set by top managers flow down through the organization and become subgoals for each organizational area. These goals are passed down to each succeeding level and guide individual employees as they work to achieve those assigned goals. However, it has recently been brought to Steve's attention that several employees are frustrated because they are unable to meet their goals and are losing out on their annual bonuses.Which of the following statements, if true, would support the argument for the use of the traditional goal setting
approach? A. The company's allotted budget for the payment of employee incentives has been declining. B. The company's senior executives have a clear idea about the direction they want the company to take. C. The results of an in-house company survey reveal that employee engagement levels are at an all time low. D. The company's profits have been on a downward spiral since the recent economic recession.