Empowerment is important in organizations today because
A. management has changed.
B. employees' jobs have become less challenging.
C. the role of technology has increased.
D. labor unions are growing.
E. employees are more concerned about pay.
Answer: A
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Which one of the following situations reflects a weak internal control system?
a. All employees are well supervised. b. A single employee is responsible for comparing a receiving report to an invoice. c. All employees must take their vacations. d. A single employee is responsible for collecting and recording of cash.
A(n) ________ is a person responsible for an organizational development (OD) program.
A. change agent B. program agent C. symbiotic agent D. active agent
ABC Siding, Inc manufactures aluminum siding. ABC enters into a contract to deliver siding to Slippery Siding, Ltd., a retailer of aluminum siding. The written agreement insists that all modifications to the agreement be in writing and signed by both parties. This prohibition against oral modifications is
a. valid regardless of whether the clause is signed separately. b. invalid unless the clause is signed separately by Slippery Siding, Ltd. c. invalid unless the clause is signed separately by ABC Siding, Inc. d. invalid unless new consideration is supplied by the parties when the modification agreement is made.
Colleen, Joanna, and Ellen form Capital City Company, a partnership. Colleen contributes expertise; Joanna, $15,000; and Ellen, $20,000. After a year, Joanna adds $12,000 as a loan. Ten years later, Capital owes $44,000 to creditors, total assets are $112,000, and they decide to dissolve the business. How will these assets be distributed and what will each receive?