In college, Beth studied labor relations and human resource management and became a strong proponent of empowering people in the workplace
So she was dismayed when her first boss after graduation gave her little responsibility and watched her every move. Which of the following statements is true?
A) Beth supports Theory X; her boss supports Theory Y.
B) Beth supports Theory Z; her boss supports Theory Y.
C) Beth supports Theory X; her boss supports Theory Z.
D) Beth supports Theory Y; her boss supports Theory X.
E) Beth supports Theory Y; her boss supports Theory Z.
Answer: D
Explanation: D) Theory Y leads to the concept of empowerment, in which managers give employees authority and responsibility to make decisions. Theory X assumes employees are irresponsible, preferring to be led rather than to lead.
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One Friday a few years ago, the Big Mac Index suggested that the yen was overvalued relative to the dollar by 70%
When currency markets opened on the following Monday, anyone using the Big Mac Index would conclude that the yen was only 20% overvalued relative to the dollar. What is the most likely explanation for this? A) Japan's Central Bank acted to prop up the yen. B) Inflation in Japan suddenly spiked upward. C) McDonald's headquarters stopped hedging. D) McDonald's Japan reduced the yen price of a Big Mac. E) McDonald's Japan increased the yen price of a Big Mac.
Cafeteria-style plans increase benefits costs for employers.
Answer the following statement true (T) or false (F)
Karl-Mart, a chain of American department stores, spreads its promotional budget evenly over the year
The firm ensures that its target customers receive advertising messages throughout the year with the aims of building and maintaining its target customer awareness and comprehension. Karl-Mart uses which of the following strategies? A) a concentrated frequency strategy B) a distributed frequency strategy C) a gross frequency strategy D) an umbrella strategy E) a heavy-up scheduling strategy
In which of the following is an oral communication method required?
A) Writing news articles B) Updating Facebook status C) Participating in teleconferences D) Updating wikis E) Tweeting