What is the role of values in a business setting?
What will be an ideal response?
Answer: Values help determine personal behavior and serve as the foundation of ethical and legal systems.
Explanation: Values are relatively permanent and deeply held underlying beliefs and attitudes that help determine people's behavior.
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How can “heroes” help reinforce organizational culture?
a. They exemplify organizational best practices that others should emulate. b. They reward good behavior and discourage bad behavior in their peers. c. Their behavior elevates the culture to a core competency. d. They police bad employees and serve as whistle blowers.
Which of the following is a method of analyzing capital investment proposals that ignores present value?
A) Internal rate of return B) Net present value C) Discounted cash flow D) Average rate of return
Use the following random numbers to simulation crop yield for 10 years: 37, 23, 92, 01, 69, 50, 72, 12, 46, 81. What is the estimated crop yield from the simulation?
The U.S. Department of Agriculture estimates that the yearly yield of limes per acre is distributed as follows: Yield, bushels per acre Probability 350 .10 400 .18 450 .50 500 .22 The estimated average price per bushel is $16.80. A) 425 B) 442 C) 440 D) 475
List the reasons that bring about the existence of mergers, though they tend to destroy rather than create shareholder value.
What will be an ideal response?