Schein developed a set of enabling mechanisms to change culture. Which of the following is not a secondary articulation and reinforcement mechanism?
a. Design and structure of the organization
b. The leader’s criteria for allocation of rewards
c. Design of buildings, facades and physical spaces
d. Formal statements developed to represent the firm’s philosophy.
b. The leader’s criteria for allocation of rewards
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The closing entry that would be made at the yearend transferring the interest expense of $50 on a note is:
a. Interest Expense 50 Notes payable 50 b. Interest Expense 50 Income Summary 50 c. Income Summary 50 Interest Expense 50 d. Notes payable 50 Interest Expense 50
Preferred stock is considered the residual equity of a corporation
Indicate whether the statement is true or false
A retailer can encourage long-term employment by _____
a. using job standardization b. adhering to a promotion-from-within philosophy c. utilizing self-service facilities d. utilizing a Theory X orientation
Cash flows from operating activities, as reported on the statement of cash flows, would include:
A) receipts from the sale of investments. B) net income. C) payments of dividends. D) receipts from the issuance of common stock.