A firm emphasizing long-term employment, collective decision making, individual responsibility, slow evaluation and promotion, informal control, moderately specialized career paths, and a holistic concern for employees is known as
A. Theory X.
B. Theory Y.
C. type J.
D. type A.
E. type Z.
Answer: E
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Answer the following statements true (T) or false (F)
Bryson Company's western territory's forecasted income statement for the upcoming year is as follows:
Bryson Company's management is considering dropping the western territory. If the company eliminates $196,000 of fixed costs by dropping the segment, the segment should be dropped.
______ refers to the skills required to effectively communicate with people from different cultures who may, or may not, speak a different language.
a. Acquiring communications expertise b. Multicultural communications c. International communication effectiveness d. Culturally appropriate exchanges
The most important aspect of a job description is that it is ______.
a. used for compensation b. accurate and up to date c. based on scientific methods d. found to be legal
To simplify, clarify, and modernize the law governing commercial transactions, the UCC permits the use of "open terms" in sales contracts. In the use of "open terms," which of the following is TRUE?
a. The court will use market value and other comparable sales to determine what a reasonable price would have been at the time of delivery if the parties have not settled the price in the contract. b. If time of payment is not mentioned in the contract, payment within a commercially reasonable time is presumed. c. If the contract permits the buyer or seller to determine the price during contract performance, the UCC requires the party to do so in good faith. d. All of the above are true.