Answer the following statements true (T) or false (F)
1. An example of human capital rareness is an employee who has a gift for dealing with
customer complaints and can resolve dilemmas.
2. Organizational behavior has looked outside of the business school and uses
concepts from many other behavioral sciences.
3. Accounting is one of the five behavioral sciences that has strong links to
organizational behavior.
4. In the labor market in the United States, there are not many available jobs for skilled
laborers.
5. The most successful senior executives score lower on critical-thinking skills than
less successful senior executives.
1. TRUE
2. TRUE
3. FALSE
4. FALSE
5. FALSE
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Which statement is not true concerning a standard test market?
A) It is a one-shot case study. B) Test markets are selected and the product is sold through regular distribution channels. C) Where external validity is important, at least four test markets should be used. D) All statements are correct.
Why do accountants sometimes refer to the equity method as a one-line consolidation?
Giorgio Italian Market bought $4,000 worth of merchandise from Food Suppliers and signed a 90-day, 6% promissory note for the $4,000. Food Supplier's journal entry to record the sales transaction is:
A. Debit Notes Receivable $4,000; debit Interest Receivable $60; credit Sales $4,060 B. Debit Accounts Receivable $4,060; credit Sales $4,060 C. Debit Accounts Receivable $4,000; credit Sales $4,000 D. Debit Notes Receivable $4,000; credit Sales $4,000 E. Debit Notes Receivable $4,060; credit Sales $4,060
Branding is more likely to be successful if the product is the best value for the price, and quality can be consistently maintained.
Answer the following statement true (T) or false (F)