Which of the following supports the belief that people are naturally lazy and must be punished or rewarded to be made productive?
A) Hierarchy of human needs
B) Theory X
C) Theory Y
D) Two factor theory
E) Expectancy theory
Answer: B
Explanation: B) Managers who subscribe to Theory X tend to believe that people are naturally lazy and uncooperative and must be either punished or rewarded to be made productive. Managers who are inclined to accept Theory Y tend to believe that people are naturally energetic, growth-oriented, self-motivated, and interested in being productive.
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Which statement about globalization is true?
a. It has led to more quotas on trade around the world. b. It is a purely economic term used to describe interrelated global markets. c. It has been fueled by trade, immigration, and foreign investment. d. It is the process by which more countries are becoming economically self-sufficient around the globe.
Which of the following statements is CORRECT?
A. Some of the cash flows shown on a time line can be in the form of annuity payments, but none can be uneven amounts. B. A time line is not meaningful unless all cash flows occur annually. C. Time lines are not useful for visualizing complex problems prior to doing actual calculations. D. Time lines cannot be constructed in situations where some of the cash flows occur annually but others occur quarterly. E. Time lines can be constructed for annuities where the payments occur at either the beginning or the end of the periods.
A person’s race, ethnicity, or country of origin is referred to as ______ background.
a. cultural b. ethnic c. religious d. racial
To increase cash flow, a manufacturer might:
a. delay paying its suppliers. b. borrow from a bank using the inventory as collateral. c. institute a just-in-time inventory system. d. all of the above e. none of the above