Organizations can support the satisfaction of ____ needs by recognizing good performance and permitting employees to work autonomously to complete challenging and meaningful job tasks.
a. Self-realization
b. Physiological
c. Esteem
d. Social
c. Esteem
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Which of the following serves as an end-of-period accuracy check?
a. statement of owner's equity b. income statement c. balance sheet d. post-closing trial balance
Which of the following would not decrease owner's equity?
a. sales; b. withdrawals of cash by the owner; c. more expenses than revenues during the period; d. expenses incurred; e. none of these.
The Hart-Scott-Rodino Antitrust Improvement Act led to rules requiring:
A) That violators of antitrust laws be liable for treble damages. B) That mergers be allowed if United States competitiveness in world markets is improved. C) That certain activities are classified as per se violations. D) That the Federal Trade Commission and the Justice Department be notified in advance of any merger involving certain firms. E) That failing companies be rescued through mergers whenever possible.
Revenue (or yield) management is best described as:
A) a situation where management yields to labor demands. B) a situation where the labor union yields to management demands. C) a process designed to increase the rate of output. D) allocation of scarce resources to customers at prices that will maximize revenue. E) management's selection of a product mix yielding maximum profits.