Abby is a gifted communicator in her club and has a talent for verbally articulating what the future can hold for the members. According to Mumford’s nine key problem solving skills, which is Abby demonstrating?
A. creative thinking
B. visioning/sensemaking
C. social judgment
D. wisdom
B. visioning/sensemaking
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During July2013 Ralston Company decides to dispose of one of its subsidiaries which qualifies for accounting as a discontinued operation. At the July2013 measurement date Ralston Company estimates that it will report net income of $300,0000 dollars from the measurement date until the disposal date which is expected to be in April 2014 In addition, Ralston estimates that it will lose 100,000 on
the sale of the segment. How much gain or loss on discontinued operations will Ralston report in its 2012 income statement (net of income taxes)? a. $200,000 gain b. $0 c. $100,000 loss d. $300,000 loss
Harry said to Marge, "I have a ring once owned by Marilyn Monroe. Would you like to buy it for $500?" Marge pays for the ring, but the next day a friend tells her that Harry had recently purchased the ring at a local store. Marge enjoys wearing the ring and wears it constantly for twelve months. Finally, she goes to Harry and says, "Here is the ring you lied about. Give me my $500." Most likely
Marge will: a. get her money back since Harry's statement was fraudulent. b. not get her money back since she should have investigated the facts about the ring more carefully. c. not get her money back since she is a good faith purchaser of merchandise. d. not get her money back since she has affirmed the contract by taking an unduly long time to disaffirm.
The belief that organizations can sometimes gain tremendous benefit from creating a fully dedicated project organization is captured by the term:
A) Heavyweight project organization. B) Matrix organization. C) Benevolent society. D) Leveraged benefits.
If demand is elastic, a change in price causes a parallel change in total revenue.
Answer the following statement true (T) or false (F)