What are the advantages and the disadvantages of the employment-stability policy of "hold employment constant?"
What will be an ideal response?
Holding employment levels constant maintains a trained workforce and keeps hiring, layoff, and unemployment costs to a minimum. But when demand is low, people may be underutilized; and when demand is high, the firm may not have the human resources it needs to be able to respond.
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The cash account is significant to the auditor for which of the following reasons?
a. The cash account is the culmination of a large volume of transactions. b. The cash account is not as susceptible to fraud as most other accounts. c. Cash is the only account that provides opportunity for fraud. d. Automated systems do not possess the capability to maintain strong internal controls over cash.
Introversion precludes the possibility of effectiveness and efficiency.
Indicate whether the statement is true or false.
____________________ pertains to concerns of managing the labor-management relationship, such as creating trust.
A. Distributive bargaining B. Attitudinal structuring C. Direct dealing D. Unilateral change
A study tested whether environmental factors were important and influenced group effectiveness more than leaders did. This study found:
a. that there was strong support for the relative importance of environmental factors compared to leaders, i.e., the environment mattered, leaders didn’t b. the environmental factors did not influence group effectiveness, but leaders did: leaders matter c. both environmental factors and leaders influenced group effectiveness d. neither environmental factors or leaders influenced group effectiveness