The corporate form of organization offers which of the following advantages?

a. government regulations; b. taxation of earnings; c. unlimited life; d. mutual agency; e. limited life.


C

Business

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Explain equity theory, and discuss how managers can use this model to help motivate workers. Give an example from your own experience of an inequitable situation, and use it to illustrate how people react to such circumstances.   

What will be an ideal response?

Business

______ are designed to clarify intended meanings of concepts.

a. Descriptions b. Definitions c. Explanations d. Analogies

Business

_____________ is supervision that allows few choices, denies opportunities to participate in decisions and puts pressure to think, act, or behave in certain ways.

a. Thwarting b. Minimanaging c. Micromanaging d. Tweeking

Business

The focus of the master schedule in an MTS production environment is ______.

a. to produce finished goods to meet inventory and customer service levels b. to produce components ready to be assembled upon receipt of customer order c. to ensure that raw materials are readily available to being production upon receipt of order d. to continuously produce finished goods irrespective of inventory level

Business