According to Pitsis (2008), the belief that employees seek meaningful and challenging work, desire autonomy and are driven by intrinsic needs is known as __________.
a. Theory Z
b. Theory X
c. Theory Y
d. Theory X and Theory Y
c. Theory Y
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The master budget is normally divided into the operating budget and the capital budget
Indicate whether the statement is true or false
A corporate investment manager needs to invest $1,000,000 for the next 6 months. The current
nominal rate of interest in the United States is 5%, while the nominal rate of interest in Argentina is 8%. Which of the following statements is MOST correct? A) The manager should invest the funds in Argentina and make an extra $30,000 for the year. B) The manager is indifferent between investing the funds in the United States or Argentina because real returns will always be the same in the end. C) The manager cannot invest in Argentina because his company is investing dollars. D) The manager may decide to invest the funds in the United States due to the international Fisher effect, which suggests inflation in Argentina may make the extra interest income worth less in one year.
A person cannot be both an employee and an agent for a party at the same time
Indicate whether the statement is true or false
Which of the following is NOT a strategy required for a company with a need for high integration?
A. Business-level strategy involves differentiation through the introduction of new and/or improved product offerings. B. Different functions will be assigned different output targets, depending on their specific tasks. C. Temporary teams are formed to oversee the coordination, development and introduction of a new product. D. Foster informal knowledge networks. E. There is an ongoing need to coordinate the R&D, production, and marketing functions of the firm to ensure that new products are developed in a timely manner.