During the recent economic recession, companies cut discretionary spending, such as travel expenses, to improve the bottom line, and managers are pushing to keep those expenses from creeping back up.
Answer the following statement true (T) or false (F)
True
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Which financial statement reports information helpful in assessing working capital?
a. Income statement b. Balance sheet c. Statement of retained earnings d. Statement of cash flows
Maria considers buying a car for herself, after she notices the advantages experienced by her best friend from his new car. Which of the following forms of stimulus has activated Maria's problem recognition process?
A) external stimuli B) internal stimuli C) peer stimuli D) secondary stimuli E) marketing induced stimuli
The receiving department is not responsible to
a. inspect shipments received b. count items received from vendors c. order goods from vendors d. safeguard goods until they are transferred to the warehouse
Melinda faces an ethical dilemma. She knows that the shareholders will lose profits if she agrees to the more expensive insurance coverage, yet she also wants to do what is best for her employees. Which of the following should Melinda do based on considerations of leaders and loyalty?
A. always do what is best for the employees B. always do what is best for the shareholders C. push the decision down to lower parts of the organization D. recognize that it is not uncommon for leaders to juggle a range of loyalties