Which of the following is TRUE of employees’ responses to witnessed ethical violations, as observed by the 2013 Ethics Resource Center (ERC) survey of 6,420 for- profit employees?
a. Most who reported the misconduct said they did so in hopes of hurting the
perpetrator.
b. Most who reported the misconduct experienced some kind of retaliation.
c. Slightly less than half reported the misconduct.
d. Most reported the misconduct.
d. Most reported the misconduct.
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Jenna holds a diversified $100,000 portfolio consisting of 20 stocks with $5,000 invested in each. The portfolio's beta is 1.12. Jenna plans to sell a stock with b = 0.90 and use the proceeds to buy a new stock with b = 1.80. What will the portfolio's new beta be?
A. 1.286 B. 1.255 C. 1.224 D. 1.194 E. 1.165
What makes the managerial task of executing strategy so challenging and demanding is the
A. time and effort it takes to build core competencies. B. trial-and-error experimentation that is required to come up with a workable organizational structure. C. time, training, and creative effort it takes to empower employees and teach them responsible decision-making. D. supervisory requirements associated with getting company personnel to do things the right way. E. people-management skills required, the resistance to change that has to be overcome, and the perseverance necessary to get a variety of initiatives launched and kept moving along.
An auditor's decision either to apply analytical procedures as substantive procedures or to perform tests of transactions and account balances usually is determined by
A. Availability of data aggregated at a high level. B. Relative effectiveness and efficiency of the tests. C. Timing of tests performed after the balance sheet date. D. Auditor's familiarity with industry trends.
Hierarchical pay structure is different from egalitarian pay structure in that:
A. hierarchical pay structure places greater emphasis on individual performance than team performance. B. the job structure in a hierarchical pay structure has fewer levels. C. the pay differentials between the levels in a hierarchical pay structure are small. D. hierarchical pay structure encourages employees to expect equal treatment irrespective of performance. E. hierarchical pay structure supports a fit that is loosely coupled.