______ are tales based on real organizational experiences that have been passed down to become legends over time.
A. Stories
B. Ceremonies
C. Symbols
D. Rituals
A. Stories
You might also like to view...
Givens Corp is a merchandising company that uses the periodic inventory system. Selected account balances are listed below: Sales $500,000 Purchases 225,000 Inventory (beginning) 16,000 Inventory (ending) 30,000 Operating Expenses 148,000 Income Tax Expense 10,000 Retained Earnings (beginning) 53,000 Dividends 15,000 Refer to the information for Givens Corp Calculate net income
a. $289,000 b. $141,000 c. $131,000 d. $116,000
Moonbeam Gift Shop's inventory turned over six times during the year. Similar gift shops have an inventory turnover equal to twelve times per year. What explains Moonbeam's state of inventory management?
a. Moonbeam sold too much inventory during the year. b. Moonbeam needs to increase sales and decrease the amount of inventory on hand. c. Moonbeam is performing twice as well as its competitors. d. Moonbeam should increase the amount of goods on hand to accommodate the additional inventory demand.
When adapting advertising messages, media may also need to be adapted internationally because media availability and regulations vary from country to country. This illustrates ________
A) communication extension B) product invention C) communication adaptation D) straight product extension E) product adaptation
If, at the end of a period, Michaels Company erroneously excluded some goods from its ending inventory and also erroneously did NOT record the purchase of these goods in its accounting records, these errors would cause
a. no effect on the company's net income, working capital, and retained earnings. b. the company's cost of goods available for sale, cost of goods sold, and net income to be understated. c. the company's ending inventory, cost of goods available for sale, and retained earnings to be understated. d. the company's ending inventory, cost of goods sold, and retained earnings to be understated.