Group cohesiveness refers in part to
A) how attractive the group is to management.
B) how motivated members are to remain in the group.
C) the degree to which management influences the group.
D) the consistency in quality of the group's performance.
E) how homogeneous group members are.
B) how motivated members are to remain in the group.
Explanation: One of the most important properties of a team is cohesiveness. Cohesiveness refers to how attractive the team is to its members, how motivated members are to remain in the team, and the degree to which team members influence one another. In general, it refers to how tightly knit the team is.
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On January 1, a company issues bonds dated January 1 with a par value of $370,000. The bonds mature in 5 years. The contract rate is 11%, and interest is paid semiannually on June 30 and December 31. The market rate is 10% and the bonds are sold for $384,280. The journal entry to record the first interest payment using the effective interest method of amortization is: (Rounded to the nearest dollar.)
A. Debit Bond Interest Expense $18,922.00; debit Premium on Bonds Payable $1428; credit Cash $20,350. B. Debit Bond Interest Expense 21,778; credit Premium on Bonds Payable $1428; credit Cash $20,350. C. Debit Bond Interest Expense $19,214; debit Premium on Bonds Payable $1136; credit Cash $20,350. D. Debit Interest Payable $20,350; credit Cash $20,350. E. Debit Bond Interest Expense $19,214; debit Discount on Bonds Payable $1136; credit Cash $20,350.
A reason that equity earnings create a problem in analyzing profitability is that equity earnings are:
a. usually greater than the related cash flow. b. less than dividends declared. c. more than dividends declared. d. extraordinary. e. nonrecurring.
Sybil, Inc. uses a predetermined overhead allocation rate to allocate manufacturing overhead costs to jobs. The company recently completed Job 300X. This job used 11 machine hours and 5 direct labor hours. The predetermined overhead allocation rate is calculated to be $43 per machine hour. What is the amount of manufacturing overhead allocated to Job 300X using machine hours as the allocation base?
A) $473 B) $215 C) $688 D) $258
The direct method separately lists operating cash receipts, such as cash received from customers.
Answer the following statement true (T) or false (F)