According to Henri Fayol’s fourteen principles of management, _____ means that each employee should report to and receive orders from just one boss.
a. remuneration
b. unity of command
c. unity of direction
d. centralization
b. unity of command
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A company's financial records at the end of the year included the following amounts:Cash$70,000Accounts Receivable28,000Supplies4,000Accounts Payable10,000Notes Payable5,000Retained Earnings, beginning of year17,000Common Stock40,000Service Revenue53,000Wages Expense8,000Advertising Expense5,000Rent Expense10,000What is the amount of net income on the income statement for the year?
A. $88,000 B. $30,000 C. $47,000 D. $38,000
Only the lowest levels of management can be evaluated by the use of a budget
Indicate whether the statement is true or false
Which of the following is TRUE about Affirmative Action?
a. Affirmative action is required by Title VII. b. Affirmative action is prohibited by Title VII. c. Affirmative action is allowed in goverment contracts if it can show the programs are needed to overcome specific past discrimination. d. Affirmative action programs are usually voluntary on the part of employers, since courts have no power to order remedies for past discrimination.
The evidence of the phenomenon of home bias seems to be ________
A) true for most developing countries B) true for most developed countries C) true for most countries in the world D) untrue for the developed countries