Which of the following is the best description of organizational culture?
A. conditions that prevent new companies from entering an industry
B. a system of shared values about what is important and beliefs about how the world works
C. the network that obtains raw materials, transforms them into products, and distributes them to customers
D. the process of searching out information that is unavailable to most people and sorting through it to interpret what is important and what is not
E. the process of comparing an organization's practices and technologies with those of other companies
Answer: B
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Answer the following statements true (T) or false (F)
1. The best way to measure the effectiveness of training is also the cheapest: participant feedback. 2. According to Len Berry, guests judge the overall quality of service on these factors: reliability, responsiveness, assurance, empathy, and tangibles. 3. Training can be worthwhile even if it does not contribute to overall organizational effectiveness in some tangible way. 4. The normal sequence would be for training to be soon followed by needs assessment follow-up.
A(n) ________ is an extreme quota that completely prohibits commerce and trade with a specific country
A) tariff B) embargo C) protectionist quota D) perfect monopoly E) expropriation
Prather Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on the following data: Total direct labor-hours 50,000Total fixed manufacturing overhead cost$285,000Variable manufacturing overhead per direct labor-hour$3.80 Recently, Job P513 was completed with the following characteristics: Number of units in the job 10Total direct labor-hours 20Direct materials$710Direct labor cost$500The predetermined overhead rate is closest to:
A. $9.50 per direct labor-hour B. $3.80 per direct labor-hour C. $13.30 per direct labor-hour D. $5.70 per direct labor-hour
According to the Keown book, the most popular personal financial management program for the PC is
A) Intuit's Quicken. B) MoneyGuidePro. C) Financial Peace. D) Crown Financial.