Which approach assumes that a deeper understanding of “human nature” and how people interact with one another will lead to more effective management?
a. Human relations approach
b. Behavioral science approach
c. Interaction approach
d. Organizational-behavior approach
b. Behavioral science approach
Behavioral science approach: It assumes that a deeper understanding of “human nature” and how people interact with one another will lead to more effective management.
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Last year, RC Rancho's revenue was $120,000,000, variable costs were $90,000,000 and fixed costs were $15,000,000. RC Rancho's contribution margin ratio was 25 percent
Indicate whether the statement is true or false
On January 2, 2014, Wondrous Co issued at par $50,000 of 4 percent bonds convertible, in total, into 5,000 shares of Wondrous's common stock. No bonds were converted during 2014 . Throughout 2014 Wondrous had 5,000 shares of common stock outstanding. Wondrous' 2014 net income was $5,000 . Wondrous' income tax rate is 40 percent. No potentially dilutive securities other than the convertible bonds
were outstanding during 2014 . Wondrous' diluted earnings per share for 2014 would be a. $0.58. b. $0.62. c. $0.70. d. $1.16.
Blind Faith Company reported the following data with regard to its first quarter of operations: Sales revenue $180,000 Interest revenue 3,000 Gain on sale of machine 7,500 Cost of goods sold 67,500 Salaries and wages 12,000 Decline in inventory, LCM (temporary) 5,500 Annual property tax 4,500 The expected annual income tax rate is 40 percent. Blind Faith should report net income on the first
quarter interim financial statements of a. $0. b. $61,425. c. $63,225. d. $65,925.
Jonas's company is discussing how it can be more socially responsible. What does social responsibility entail?
A. the ways a company can support its employees over and above other stakeholders B. the obligations a company has toward the people and groups affected by its activities C. choosing when to put the company first and when to allow others to also benefit D. avoiding illegal activities that will hurt the company's reputation E. including the community and other stakeholders in every decision that is made