Imagine you are studying for an exam. Give an example, using the performance formula, of a situation in which your final score on the exam (your performance) is low due to a problem with resources. Be sure to address all three factors of the performance formula in your answer.
What will be an ideal response?
Answers to this question will vary, but an example might be that they had the ability to do well, were motivated to do well, but forgot their textbook and notes at a friend’s house, so lacked the resources needed to prepare for the exam. Since the resource variable was very low, the performance was very low.
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Assume the following facts for Lowmann Company: The month-end bank statement shows a balance of $40,000; outstanding checks total $2,000; a deposit of $8,000 is in transit at month-end; and a check for $400 was erroneously charged against the account by the bank. What is the correct cash balance at the end of the month?
a. $33,600 b. $34,400 c. $45,600 d. $46,400
A group of brands that a consumer views as alternatives for possible purchase is called an
A. evoked set. B. awareness set. C. inert set. D. evaluative group. E. evaluation criteria.
Using the automotive industry in Germany as an example, explain how competitive intensity in a focal industry affects national competitive advantage.
What will be an ideal response?
Lois and Peggy are the only two accountants at a construction company. They split the accounting work in the company according to their preferences. They also split the salary, which is actually a single senior accountant's salary, equally between the two of them. In the context of employee benefits, this scenario best exemplifies _____.
A. a flextime plan B. a job-sharing plan C. telecommuting D. affirmative action