In many states, an operating agreement is required for a limited liability company to exist
Indicate whether the statement is true or false
False
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Mintzberg identifies several types of political games played by actors in organizations. What term does he use to refer to games in which lower status participants play against the dominant elites?
a. Expertise games b. Insurgency games c. Counter insurgency games d. Status games
Julie joined a meeting of colleagues in her new department. Though she had never been in a meeting in her new department, she used her extensive experience with meetings from her previous department to guide her behavior. In other words, Julie relied on a (n) ______ to guide her behavior in the new situation.
A. societal sanction B. internalization C. script D. work group interaction
Which of the following statements regarding the quick ratio is incorrect?
A. The quick ratio is also known as the acid-test ratio. B. The quick ratio is a conservative variation of the current ratio. C. The quick ratio equals quick assets divided by total liabilities. D. The quick ratio ignores some current assets that are less liquid than others.
By far the greatest proportion of training is spent on rank-and-file employees and their supervisors.
Answer the following statement true (T) or false (F)