Explain why feedback is important for the goal setting process.
What will be an ideal response?
Research on goal setting has clearly demonstrated that employees who receive
feedback on their progress achieve higher levels of performance than those who don’t.
Feedback on goals guides performance and allows the person to correct behaviors that
may not be working or try different performance strategies. Further, research has
indicated that if employees are allowed to generate their own feedback, it may be more
motivating than feedback from an outside source such as their supervisor.
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Answer the following statements true (T) or false (F)
1. When a company has issued both preferred and common stock, the common stockholders receive their dividends first. 2. A corporation will never pay dividends on treasury stock. 3. Noncumulative preferred stock is in arrears if the dividend has not been paid for the year. 4. With a stock dividend, the total number of shares issued and outstanding increases, and the percentage of total ownership of individual stockholders also increases. 5. Stock dividends have no effect on the total amount of stockholders' equity.
Foreign direct investment is vulnerable to criticism because:
A. It does not bring jobs and new technology to developing countries B. It can result in job loss for workers in developing countries C. It does not encourage development of infrastructure D. It can be used to exploit workers and degrade the environment
Under the perpetual inventory system, two journal entries are used to record the sales of merchandise. One entry records the Sales Revenue and another entry records the Cost of Goods Sold
Indicate whether the statement is true or false
You need a down payment of $17,200 in order to purchase your first home 4 years from today. You currently have $14,014 to invest. In order to achieve your goal, what nominal interest rate, compounded continuously, must you earn on this investment? Do not round your intermediate calculations.
A. 5.48% B. 5.12% C. 3.84% D. 4.46% E. 6.20%