According to Ed Schein and his iceberg metaphor, the way an employee dresses would ______.
a. be a basic underlying belief about the organization
b. be a norm or value that can espoused
c. be a cultural artifact
d. not be part of this metaphor
c. be a cultural artifact
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What is the value of the self-awareness imperative?
What will be an ideal response?
Why might a company try to determine the lifetime value of a customer? What must a company do to determine this information?
What will be an ideal response?
When a minor falsely advises the other party that he is of the age of majority and based upon that misrepresentation, the other party enters into a contract with the minor:
a. the minor has lost his right to disaffirm the contract because of the misrepresentation if the adult party in good faith reasonably relied on the misrepresentation. b. the adult party can recover damages from the minor in tort. c. the minor is required to restore the other party to the position occupied before the making of the contract. d. There is no uniform rule. States differ, and depending upon the state, any of the above could be correct.
According to GASB, Enterprise funds must be used when:
A. a government has a policy to establish fees and charges to cover the cost of providing services for an activity. B. a legal requirement exists that the cost of providing services for an activity, including capital costs, be recovered through fees or charges. C. debt is backed solely by fees and charges. D. Any of the above apply.