Answer the following statements true (T) or false (F)

1. The Hawthorne studies were originally
2. The human relations approach during the Carnegie era was manipulative.
3. Empowerment is delegating power to employees in the organization.
4. A goal of empowerment is to allow employees more freedom within their jobs.
5. Contemporary CEOs are returning to an autocratic model of leadership.


1. FALSE
2. FALSE
3. TRUE
4. TRUE
5. FALSE

Business

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When bonds are issued between interest dates, the issuer collects from the investor the interest that would have accrued for the partial period preceding the issue date. Describe two reasons why this procedure is followed

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Fantastic Futons manufactures futons. The estimated number of futon sales for the first three months of 2014 are as follows: January 40,000 February 50,000 March 60,000 Finished goods inventory at the end of 2013 was 10,000 units. On average, 25 percent of the futons to be sold in the next month are produced and kept as ending balance in finished goods inventory. The planned selling price is $150

per unit. How many futons are budgeted to be produced in February by Fantastic Futons? A) 37,500 B) 65,000 C) 52,500 D) 55,000

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Culture serves as a socializing force that

A. is determined by the largest generational group at a given point in time. B. dictates what is morally right and just. C. expresses the diverse backgrounds of a nation's subcultures. D. becomes the basis of all legislation - federal, state, and local - in societies around the world. E. reflects the will of the largest or most powerful minority.

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When the contract is executory and a minor misrepresent his or her age, several states will:

a. permit the minor to disaffirm an agreement and recover any consideration paid. b. not permit the minor to disaffirm the agreement. c. allow the adult to recover for damages resulting from the minor's misrepresentation. d. hold the minor liable in tort for fraud.

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