When subcultures emerge that have shared values opposite from the dominant culture of an organization

A. individuals begin working at cross purposes.
B. information is shared rather than hoarded.
C. individuals gain insights into overarching goals and objectives.
D. organizational cohesiveness increases.


Answer: A

Business

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The operating cycle is typically defined as the time it requires to convert

A) cash to inventory to receivables. B) raw materials to finished goods. C) finished goods to receivables to cash. D) cash to inventory to receivables to cash.

Business

An understatement of reported net income for the current year would result from

A) an overstatement of ending inventory in the previous period. B) an overstatement of ending inventory in the current period. C) failure to record accrued payroll liabilities. D) failure to record expiration of prepaid insurance.

Business

________ are integrated systems including hardware, communications network, data base, model base, software base, and the ________ user (decision maker) that collect and interpret information for decision making

A) Marketing information systems (MIS); MIS B) Management information systems (MIS); MIS C) Decision support systems (DSS); DSS D) none of the above

Business

For each, make the appropriate match.

1. Mediation 2. Fact-finding 3. Whole package arbitration 4. Conventional arbitration 5. Issue-by-issue, final offer arbitration a. A dispute resolution process in which a neutral third party examines the final offers of each party and then creates a new contract which may or may not reflect the parties' positions on each issue b. A dispute resolution process in which a neutral third party examines the final offers of each party and then chooses the one that seems, overall, to be the most reasonable and responsible settlement. c. A dispute resolution process in which a neutral third party assists the parties in reaching a mutually-acceptable resolution. d. A dispute resolution process in which a neutral third party investigates the claims and positions of each party and provides a public assessment of the situation. e. A dispute resolution process in which a neutral third party examines the final offers of each party and then designs a contract by choosing either the union or management's offer on each issue.

Business