Group members who define success not in terms of their individual goals or the group’s goals but rather relative to others’ performance are:
a. Competitors
b. Machiavellians
c. Individualists
d. Cooperators
e. Extroverts
a. Competitors
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How are intra-entity inventory transfers treated on the consolidation worksheet and how are they reflected in a consolidated statement of cash flows?
What will be an ideal response?
A golden parachute is typically __________________ that guarantees the executive significant severance benefits in the event that the executive loses his or her job as a result of termination, firm restructuring, or even planned retirement.
a. a board policy b. a requirement by the SEC c. a clause in a merger or takeover contract d. a clause in an executive’s employment agreement
Brookings Company evaluates its managers on the basis of return on investment. Division Three has a return on investment (ROI) of 15%, while the company as a whole has an ROI of only 10%. Which of the following performance measures will motivate the manager of Division Three to accept a project earning a 12% return?
A. Neither ROI nor residual income will motivate the manager to accept the project. B. ROI. C. Both ROI and residual income will motivate the manager to accept the project. D. Residual income.
A person who rescinds a contract must:
A. return everything that he received from the other party. B. offer to return everything that he received from the other party. C. return 50% of the items that he received from the other party. D. return nothing.