Individual behavior in organizations inlcudes ________.
A. strategies, norms, and roles
B. attitudes, learning, and motivation
C. structure, culture, and team building
D. policies and procedures
Answer: B
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A company achieves _____ by using strategy to maximize its strengths, resulting in a competitive advantage.
Fill in the blank(s) with the appropriate word(s).
In a four-variance method analyzing factory overhead, the fixed factory overhead production-volume variance measures:
a. The difference between the actual fixed factory overhead and budgeted fixed factory overhead. b. The difference between actual fixed factory overhead and the amount of fixed factory overhead applied to production. c. The difference between budgeted fixed factory overhead and the amount of fixed factory overhead applied to production. d. The difference between the actual hours and standard hours allowed multiplied by the standard fixed factory overhead rate.
When preparing the operating activities section of the statement of cash flows using the indirect method, an increase in income taxes payable is added back to net income.
Answer the following statement true (T) or false (F)
A social entrepreneur is:
A. Someone who is always aware of and plays by the "rules." B. Someone who takes risks by seeking to solve seemingly intractable problems by applying business principles. C. Someone who carefully plots and plans before making a move. D. Someone who looks first at credentials and then considers an applicant's future capacity to deliver. E. Someone who travels a lot, is a "do gooder," and wants to solve entrenched environmental problems.