Sarah has been with an organization for 10 years and is considered a highly knowledgeable employee who is a valuable asset to the organization. However, every time she tries to apply for a promotion for which she is well qualified, she has been declined. She’s noticed that other women in her organization appear to be having similar experiences but that her male coworkers don’t seem to have any problems getting promoted. The barrier Sarah and her female coworkers appear to be experiencing is commonly called the ______.

a. glass ceiling
b. glass wall
c. glass elevator
d. glass cliff


a. glass ceiling

Business

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According to Collins, the power to simply make decisions is referred to as ______ leadership.

A. executive B. legislative C. figurehead D. charismatic

Business

If a firm uses the residual dividend model to set dividend policy, then dividends are determined as a residual after providing for the equity required to fund the capital budget. Under this model, the better the firm's investment opportunities, the lower its payout ratio will be, other things held constant.

Answer the following statement true (T) or false (F)

Business

In which of the following situations is the seller a merchant under Article 2 of the UCC?

A) Paul, a full-time college student, sold his textbooks to State Bookstore. B) Randall, a part-time college student and full-time father, sold his textbooks to a friend. C) Zompa Inc., a toy manufacturer, contracted to sell dolls to TonTon Department Store. D) Mabel, a stay-at-home mom, sold her car to her friend Gloria.

Business

Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 21,800 hours and the total estimated manufacturing overhead was $497,040. At the end of the year, actual direct labor-hours for the year were 21,500 hours and the actual manufacturing overhead for the year was $492,040. Overhead at the end of the year was:

A. $6,840 overapplied B. $1,840 underapplied C. $6,840 underapplied D. $1,840 overapplied

Business