According to your textbook, which of the following is given as a reason why organizations have adopted the bureaucratic form?
a. Biological necessity: we have a genetic disposition towards creating and ordering life according to hierarchies
b. Efficiency: it makes sense to structure and organize large scale activities
c. Institutionalization: we simply copy or mimic what went before us without questioning why – we just do it
d. All the above
d. All the above
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Using the data in Table M2-5, determine the optimal travel path from point 1 to point 7
A) 1 - 2, 2 - 4, 4 - 5, 5 - 7 B) 1 - 2, 2 - 5, 5 - 7 C) 1 - 3, 3 - 4, 4 - 5, 5 - 7 D) 1 - 2, 2 - 4, 4 - 6, 6 - 7 E) None of the above
In which of the following cases would an oral contract be enforceable without a written memorandum? Choose the best answer
a. Michelle calls an employment agency in Paris to arrange for maid service for her three-month Parisian vacation. b. Ron, who is 6 foot tall and weighs 185 pounds, orders three custom-made suits. c. Catherine calls Lucky Dude Ranch to purchase the championship race horse they have advertised in the paper. d. Anna orders a top of the line computer over the phone.
GI Designs, a copper furniture manufacturer, increased the price on its copper tabletops by 20 percent for three months to see what the effect would be on its sales. The change in sales is the ________ in this three-month experiment.
A. independent variable B. constraint C. dependent variable D. control E. decision task
A stock had annual returns of 8 percent, 14 percent, and 2 percent for the past three years. Based on these returns, what is the probability that this stock will return more than 26 percent in any one given year?
A) 2.5 percent B) 1.0 percent C) .5 percent D) 5.0 percent E) 16.0 percent