An organization's grapevine works as ________.
A. a method for managers to communicate official policy
B. a method for management to control the dissemination of information
C. both a formal and an informal communication method
D. a filter and a feedback mechanism for managers
Answer: D
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A low market-penetration index indicates ________
A) it will be expensive for the firms to attract the few remaining prospects B) substantial growth potential for all firms C) the rival firms try to capture greater market share by lowering their product price D) the profit margins of the firms decline E) the firms cannot raise demand substantially by raising its market expenditure
A company has beginning inventory of 10 units at a cost of $10 each on February 1. On February 3, it purchases 20 units at $12 each. 12 units are sold on February 5. Using the FIFO periodic inventory method, what is the cost of the 12 units that are sold?
A. $128 B. $140 C. $124 D. $130 E. $120
When an employee takes family leave, he or she is entitled to have the employer continue to pay for the maintenance of health benefits
Indicate whether the statement is true or false
The law of large numbers states that as the number of exposure units increases:
A) accuracy of predictions should improve B) the chance of loss declines C) Speculative risk increases D) the number of accidents decreases