Support activities are business functions that relate directly to the production of the organization's products or services

Indicate whether the statement is true or false


FALSE

Business

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Goal congruence exists when each individual manager's goals are achieved

Indicate whether the statement is true or false

Business

Andy owns Islander Surfboard Inc. In the past, Andy has always given his employees bonuses during the holidays if they reached certain sales goals. This year, even though the company is thriving, he decided to cut bonuses from employees and award them to himself instead. What ethical theory of leadership is Andy following?

A. altruism B. ethical egoism C. utilitarianism D. none. This is an unethical decision.

Business

The Equal Credit Opportunity Act (ECOA) provides that

A) minorities and women be given special consideration in granting credit. B) individuals cannot be denied credit because of gender or minority status. C) the Federal Government guarantees loans made to minorities and women to encourage lending by financial institutions. D) financial institutions must meet a federal quota for loans to minorities and women, or lose federal deposit insurance protection.

Business

Ockey Corporation uses the direct method to allocate service department costs to operating departments. The company has two service departments, Information Technology and Personnel, and two operating departments, Fabrication and Customization.  Service Department Operating Department Information TechnologyPersonnel FabricationCustomizationDepartmental costs$26,880$21,525 $251,210$447,000Computer workstations3718 4337Employees3413 7332? ?Information Technology Department costs are allocated on the basis of computer workstations and Personnel Department costs are allocated on the basis of employees.? ?The total Fabrication Department cost after service department allocations is closest to:

A. $270,110 B. $274,308 C. $280,623 D. $277,969

Business