Because of limits to rationality, decision-makers most often ______ rather than optimize.
A. weight
B. generate
C. satisfice
D. identify
C. satisfice
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Which of the following stages of the five-stage development model for teams is when team members may experience stress due to the uncertainty of not knowing the other team members and understanding their role on the team?
A. adjourning B. storming C. forming D. norming
Benitez Co. had sales of $800,000 in Year 1. The company expects to incur warranty expenses amounting to 3% of sales. There were $13,000 of warranty obligations paid in cash during Year 1. Based on this information:
A. The warranties payable account would increase by $11,000 in Year 1. B. Cash would decrease by $13,000 as a result of the accounting events associated with warranties in Year 1. C. Warranty expenses would decrease net earnings by $24,000 in Year 1. D. All of these answer choices are correct.
Which of the following actions cannot be used to eliminate a potential accumulated earnings tax liability situation involving a corporation owned by a mother and a father?
A. Make a deficiency distribution within 90 days of the date on which the IRS determines that an accumulated earnings tax liability is owed. B. Make a cash distribution within 2 1/2 months after the end of the tax year. C. Liquidate the corporation. D. Create plans to invest retained earnings in a plant expansion.
Identify one of the ways for trainers to get employees to see themselves through their fellow workers' eyes
a. Role playing c. Group discussion b. Case studies d. Brainstorming