What type of rating system incorporates feedback from customers, subordinates and peers, among others?
A) Ranking
B) Recency
C) 360-degree feedback
D) Judgmental
E) Rating
Answer: C
Explanation: C) One interesting innovation in performance appraisal used in some organizations today is called 360-degree feedback in which managers are evaluated by everyone around them—their boss, their peers, and their subordinates.
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Vertical analysis always involves comparing financial statement elements over a span of time.
Answer the following statement true (T) or false (F)
Whitewater Canyon Adventures, Inc, and Xtra Overstock Company enter into an oral contract for Xtra's sale to Whitewater of five rafts for $2,000 each. Before Whitewater takes possession of the rafts, this contract is enforceable by A) Whitewater or Xtra
B) the maker of the rafts. C) ?anypotentially interested third party, such as a Whitewater tour guide. D) none of the choices.
In determining why a firm becomes multinational there are many reasons. One reason is that the firm is a market seeker. Which of the following is NOT a reason why market-seeking firms produce in foreign countries?
A) satisfaction of local demand in the foreign country B) satisfaction of local demand in the domestic markets C) political safety and small likelihood of government expropriation of assets D) All of the above are market-seeking activities.
Which of the following is not a policy defining the conduct of purchasing personnel? a. Mileage reimbursement policy
b. Ethics policy. c. Reciprocity policy. d. Policy on contacts and visits to suppliers. e. Policy on former employees representing suppliers.