What is the increase in revenue if Taco Loco purchases 20 pounds of cheese for $1 and uses it optimally?
A) $0
B) $9.09
C) $29.00
D) $158.18
Answer: C
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When a company understates the cost of goods sold, what is the effect on the inventory turnover ratio?
a. The ratio might increase or decrease depending upon the amount by which it is understated. b. The ratio will decrease. c. No effect. d. The ratio will increase.
Which concept is not one of the levels of analysis within the organizational behavior model?
A. individuals B. departments C. teams D. organizations
Which of the following is an example of a quality unrelated to work experience but a generally applicable to the workplace, and valued by most employers?
A) Programed Java applets in a computer class. B) Designed and maintained websites for previous employer C) Proficient in Italian D) Gained leadership skills as chair of the youth committee at local community center E) Self-taught piano player
Marco has been appointed team leader of a committee that will develop a new process for submitting expense claims. He wants to ensure that his team avoids groupthink. What should he do?
A) Choose team members with similar backgrounds. B) Develop systematic procedures for the team to follow. C) Demand that his team make decisions quickly. D) Make sure his team knows what outcomes he favors.