The anchoring tendency relates to:
A. Starting from an initial numerical value and then adjusting insufficiently away from it in forming a final judgment
B. Starting from management's estimate and then adjusting sufficiently away from it in
forming a final judgment
C. Developing a system to give voice to one's values
D. Developing a decision making framework
A. Starting from an initial numerical value and then adjusting insufficiently away from it in forming a final judgment
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What is a vertical merger?
A) a merger between firms in totally unrelated businesses B) a merger that integrates the operations of a supplier and a customer C) a merger between two companies in similar fields whose sales do not overlap D) a merger between two or more companies that compete in the same business and geographical market
A company that uses the net method of recording purchases and a perpetual inventory system purchased $1,800 of merchandise on July 5 with terms 2/10, n/30. On July 7, it returned $200 worth of merchandise. On July 28, it paid the full amount due. The correct journal entry to record the payment on July 28 is:
A. Debit Merchandise Inventory $1,600; credit Cash $1,600. B. Debit Accounts Payable $1,800; credit Cash $1,800. C. Debit Accounts Payable $1,600; credit Merchandise Inventory $32; credit Cash $1,568. D. Debit Cash $1,600; credit Accounts Payable $1,600. E. Debit Accounts Payable $1,568; debit Discounts Lost $32; credit Cash $1,600.
The term ________ is often used to describe the common U.S. business practice of focusing on short-term results from low-risk projects via analysis by NPV or IRR calculations
Fill in the blanks with correct word
Research from the Ethics Resource Center (ERC)showed that companies behave differently during economic difficulties. When employees perceive the decisions and behaviors of their leaders as a heightened commitment to ethics, they are most likely to:
A. adopt a higher standard of conduct for themselves. B. find justifications to classify their misconduct as ethical. C. overlook all forms of laws associated with whistle-blowing. D. becomeless engaged with the tasks assigned to them.