________ described a type of organization that functions in a machine-like manner to accomplish the organization's goals in a highly efficient manner.

A. Fayol
B. Fielder
C. Herzberg
D. Skinner


Answer: A

Business

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If merchandise inventory is being valued at cost and the price level is steadily rising, the method of costing that will yield the highest net income is

A) periodic B) LIFO C) FIFO D) average

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Which personality test indicates the different ways individuals deal with other people and their environments?

A. Big Five B. Enneagram C. Insights D. Myers-Briggs

Business

Proposals-whether formal or informal-explain a problem or need and offer a solution

Indicate whether the statement is true or false

Business

________ is the form of competition where distribution is the only element of the marketing mix that exerts much of an impact on the firm.

A. A monopoly B. Limited competition C. Monopolistic competition D. Pure competition E. Cross-market competition

Business