Most successful organizations minimize the need for explicit rules, regulations, and other boundaries by
A. designing effective reward systems.
B. encouraging employees to see themselves as free agents.
C. discouraging the formation of subcultures that isolate work groups.
D. posting written statements of the organization's goals and objectives.
Answer: A
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The international structural stages model suggests that a typical evolutional path for an international company's structure would be
A. from international division to worldwide product division to geographical area division. B. from geographical area division to worldwide product division to global matrix. C. from international division to geographical area division to worldwide product division. D. from functional division to horizontal company to virtual corporation. E. from international division to worldwide product division to global matrix.
The following information pertains to Raleigh Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Cash and short-term investments $ 40,000 Accounts receivable (net) 30,000 Inventory 25,000 Property, plant and equipment 215,000 Total Assets $310,000 Liabilities and Stockholders' Equity Current liabilities $
60,000 Long-term liabilities 95,000 Stockholders' equity-common 155,000 Total Liabilities and stockholders' equity $310,000 Income Statement Sales $ 90,000 Cost of goods sold 45,000 Gross margin 45,000 Operating expenses 20,000 Net income $ 25,000 Number of shares of common stock 6,000 Market price of common stock $20 What is the current ratio for this company? A) 1.42 B) 0.78 C) 1.58 D) 0.67
?All else equal, in which of the following forms of business would the possibility of an agency problem be the greatest?
A. ?A U.S. corporation in which individual stockholders own extremely small proportions of the company. B. ?A proprietorship in which the owner is actively managing the business operations. C. ?A partnership in which all the partners share management and decision-making responsibilities equally. D. ?A foreign corporation with concentrated ownership that is, relatively few owners. E. ?A U.S. corporation that gives company shares as incentives to its managers.
Given a mean of -7.8 and a standard deviation of 16 from a normally distributed sample, what is the probability of an observation being below 12.0?
A) 0.51 B) 0.61 C) 0.71 D) 0.81