Answer the following statement(s) true (T) or false (F)
1. Politics generally refers to the use of power and auxiliary resources to influence organizational outcomes.
2. Power and organizational politics are mainly an individual phenomenon.
3. People are not necessarily troubled when they perceive high levels of political behavior in their organization.
4. Legitimate influence tactics generally has a high effectiveness level.
5. Personal appeal influence tactics generally has a moderate effectiveness level.
1. False
2. False
3. False
4. False
5. True
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Proctor Inc has a weekly payroll of $8,000 for a 5-day workweek, Monday through Friday. If December 31, the last day of the accounting year, falls on Wednesday, Proctor would make an adjusting entry that would
a. increase wages expense $4,800. b. decrease wages payable $4,800. c. decrease cash $4,800. d. increase wages payable $8,000.
Managers at XYZ Manufacturing Company believe that "the ends justify the means" and defend certain unethical acts because they are in the best financial interest of the company. This action BEST typifies which potential cause of unethical behavior?
a. Expectation of not getting caught b. Uncertainty about whether an act is wrong c. Excessive emphasis on profits d. Unwillingness to take a stand for what is right
The charismatic leader’s __________ helps define and frame their vision and the mission of the group and the organization.
a. communication skill b. task focus c. high level of energy d. high self-confidence
DC Motors recently paid $1.10 as its annual dividend. Future dividends are projected at $1.06, $1.02, and $1.00 over the next three years, respectively. After that, the dividend is expected to decrease by 2 percent annually. What is one share of this stock worth at a rate of return of 17 percent?
A) $5.62 B) $5.50 C) $5.21 D) $5.33 E) $5.98