According to the theory of bureaucratic behavior, the objective of bureaucracy is

A) to maximize its own welfare, meaning that it seeks additional power and prestige.
B) to maximize consumers' surplus, meaning that it seeks additional regulatory powers.
C) to protect the industry it regulates, meaning that it seeks additional regulatory powers.
D) none of the above.


A

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Adaptive strategies lead to some form of_________.

a. Closure b. Improvisation c. Sensemaking d. Sensegiving

Business

Which of the following is true regarding assault?

a. Assault is an intentional, nonconsensual act that gives rise to the apprehension that a harmful or offensive contact is imminent. b. Assault is an intentional, nonconsensual act that gives rise to the fear that a harmful or offensive contact is imminent. c. Assault is a negligent, nonconsensual act that gives rise to the apprehension that a harmful or offensive contact is imminent. d. Assault is a negligent, nonconsensual act that gives rise to the fear that a harmful or offensive contact is imminent.

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Suppose that AmTrain, a U.S.-based company, is submitting bids for the construction of a high-speed rail system in India by the Indian government. AmTrain has met with and wants to hire Josh Griffin, an international consultant who has worked with many Fortune 100 companies in their foreign business operations. AmTrain requires all of its agents, consultants, and contractors who work with it on

its international operations to sign a statement in which they promise to comply with the FCPA. Griffin has refused to sign the AmTrain FCPA form. Which of the following best describes AmTrain's position when it receives the refusal? a. The refusal is a red flag that would require AmTrain to at least do additional due diligence on Griffin b. AmTrain has not violated the FCPA if it hires Griffin and he does something its agreement prohibits c. AmTrain is not subject to the FCPA when contracts are with government agencies and not private foreign companies d. AmTrain has violated the FCPA by attempting to deal with Griffin

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A firm's collection policy, i.e., the procedures it follows to collect accounts receivable, plays an important role in keeping its average collection period short, although too strict a collection policy can reduce profits due to lost sales.

Answer the following statement true (T) or false (F)

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