Saad has been a manager at Revel Consulting for the past five years. As the business has grown, Saad has taken on more and more responsibilities and is now at the point where he is working on over 10 projects every quarter. Saad has asked his supervisor, Vance, to hire two assistant managers to aid in completing the projects, but Vance doesn’t agree that extra help is necessary at this point. Vance appears to be stuck at which step of the motivational process?
a. need
b. motive
c. satisfaction or dissatisfaction
d. feedback
a. need
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The income statement account most likely affected by an AIS investment in customer relationship management (CRM) would be:
A. Cost of Goods Sold. B. Revenues. C. Selling, General and Administrative Expenses. D. Unearned Revenue.
Two or more sureties bound for the same debt of a principal debtor are known as:
a. absolute sureties. b. cosureties. c. conditional guarantors of collection. d. co-creditors.
Answer the following statement(s) true (T) or false (F)
6. Sally is worried about her backlog report. This is a report on orders that have been delivered but not yet paid by the customers. 7. Sandy’s balance sheet is partially completed. However, she has total assets of $120,000 and total stockholder’s equity of $15,000. Her liabilities should total $105,000. 8. Sandy’s balance sheet shows assets of $120,000, liabilities of $100,000 and stockholder’s equity of $25,000. Her balance sheet is in balance. 9. Currents assets are cash and other assets such as inventory, accounts payable, and prepaid expenses that can be converted into cash within a year. 10. Goodwill is the price paid for an asset in excess of its book value. This usually occurs when a company acquires another business.
Uptown Office Systems recently underwent a reorganization. Based on customer feedback, the company eliminated many of its middle management positions and implemented a flatter structure. Which of the following is a possible drawback of this decision?
A. Employees will have less power and autonomy, resulting in a loss of morale. B. The increased span of control for remaining managers may lead to higher levels of stress and possible burnout. C. Employees will be forced to take on more specialized roles and may become bored by repetitive tasks. D. Internal communications and decision-making processes will be slower.