At top management team meetings, the CEO consistently praises the sales department but seldom acknowledges the efforts of product development. This creates conflict due to
A. overlapping authority.
B. different time horizons.
C. task interdependency.
D. status inconsistency.
E. scarce resources.
Answer: D
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Briefly explain the importance of concessions to negotiation.
What will be an ideal response?
McBride Industries completed the following transactions during 2018:
Journalize the transactions (explanations are not required). Round to the nearest dollar.
Which of the following components are necessary when designing a job description to achieve a “good fit”?
a. mention of expectation of loyalty and expectation of ethical behavior b. realistic description and mention of expectation of ethical behavior c. warning about punishments and mention of expectation of good work ethic d. mention of salary and bonuses and promise of a friendly work culture
A common problem associated with transfer pricing occurs when
a. a division purchases inputs for processing from an outside source at a price higher than the internal transfer price. b. the gross margin pricing method is used to compute the price. c. a division sells its excess output to an external customer. d. managers do not agree with the transfer prices of the inputs provided to them or of the outputs of their own division.