Entropy, according to Katz & Kahn (1978), refers to ______.
A. the fact that organizations are self-sufficient
B. steady-state and dynamic homeostasis
C. integration and coordination
D. a universal law of nature in which all forms of organization move toward
disorganization or death
D. a universal law of nature in which all forms of organization move toward
disorganization or death
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________ refers to the present value of a stream of revenue that can be produced by a customer
A) Net present value B) Actual customer value C) Market potential D) Lifetime customer value
To estimate a parameter, you need to know the sample statistic, which is either a mean or percentage derived from sample data
Indicate whether the statement is true or false
Bentz Fashions uses standard costs for its manufacturing division
From the following data, calculate the total fixed overhead variance. Actual fixed overhead $40,000 Budgeted fixed overhead $27,000 Allocated fixed overhead $27,000 Standard overhead allocation rate $6.75 Standard direct labor hours per unit 2.00 DLHr Actual output 2,000 units A) $13,000 U B) $13,000 F C) $13,500 U D) $13,500 F
A company's income before interest expense and income taxes is $350,000 and its interest expense is $100,000. Its times interest earned ratio is:
A. 3.50 B. 0.50 C. 2.50 D. 1.75 E. 0.29