A manager tries to implement change without involving his employees and it is a big disaster. He thinks, ‘next time I’m going to involve my employees in the decision!’ This scenario is an example of Fulop and Rifkin’s (1999) concept of ______________.
a. Learning by doing
b. Stories
c. Stupidity
d. Popular accounts
a. Learning by doing
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Which of the following items is not used by natural resource companies to estimate the asset value of natural resources over the life of the resource, e.g., oil or coal?
a. Reserves. b. Depletion rate. c. Reclamation expense. d. Restoration rate
U.S. international companies always have an effective tax rate equal to the 35% statutory tax rate
Indicate whether the statement is true or false
According to McClelland, ________ power is used as a negative force.
A. hostile B. personalized C. aggressive D. abusive E. antisocial
Harding Corporation acquired real estate that contained land, building and equipment. The property cost Harding $1,330,000. Harding paid $315,000 and issued a note payable for the remainder of the cost. An appraisal of the property reported the following values: Land, $333,000; Building, $990,000 and Equipment, $657,000. (Round percentages to two decimal places: ie .054 = 5%).Assume that Harding uses the units-of-production method when depreciating its equipment. Harding estimates that the purchased equipment will produce 1,040,000 units over its 5-year useful life and has a salvage value of $17,000. Harding produced 269,000 units with the equipment by the end of the first year of purchase. Which amount below is closest to the amount Harding will record for depreciation expense for the
equipment in the first year? A. $88,460 B. $109,126 C. $165,538.462 D. $169,936