Cassandra is about to finish her degree in business management and wants to find a job that will provide her with opportunities to advance within an organization. What type of business organization should Cassandra work for?
A. A sole proprietorship
B. A small family-owned business that is incorporated
C. A partnership
D. A corporation
E. An unlimited partnership
Answer: D
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Give one example in which a mechanistic structure would thrive and one example in which an organic structure would thrive.
What will be an ideal response?
The argument that a strong organizational culture leads to superior organizational performance was originally articulated by ___________.
a. Karl Marx b. Kono and Clegg c. Peters and Waterman d. Terence and Patrick
When does the all-events test under the accrual method require the recognition of income from the sale of goods?
A. when the business receives payment. B. the earliest of the other three dates. C. when the title of the goods passes to the buyer. D. when payment is due from the buyer. E. None of the choices are correct.
You purchase 100 shares of stock in ABC for $50 per share in January 2003 and sell the stock at
the end of 2006 for $90. What is your Internal Rate of Return on this investment? A) 15.83% B) 21.64% C) 82.22% D) 86%