Shawn Beatty has an idea that she believes will speed up the processing of sales orders at her company. She shares this idea with the leader of the sales department, who likes the idea, but makes several important changes to Shawn’s idea. Shawn’s leader says that she can go ahead and implement the process, with the leader’s suggestions. Shawn thanks her leader and goes ahead and implements her original idea. On the basis of this example, Shawn ______.
a. is disloyal
b. is not accountable
c. does not accept feedback
d. is a whistleblower
c. does not accept feedback
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Trying to support a claim by restating the claim in different words is called what?
A) Cause and effect B) Generalization C) Circular reasoning D) Mistaken assumptions E) Faulty analogies
Dan works 50 to 60 hours a week supervising a group of engineers. He realizes that he is spending too much time training new engineers and starts thinking about new options. He could delegate the training to the senior engineers, ask the human resources department to offer training seminars, or require better work experience from all future employees. Which step in the rational model of decision making is Dan performing here?
A. Getting feedback B. Gathering and organizing facts C. Identifying alternative solutions D. Identifying the problem
Prepare journal entries to record the following merchandising transactions of Margin Company, which applies the perpetual inventory system and the gross method of recording invoices. Margin Company offers all of its credit customers credit terms of 2/10, n/30.May 1Purchased merchandise from Craft Company for $7,800 under credit terms of 1/10, n/30, FOB shipping point, invoice dated May 1.May 2 Purchased merchandise from Bow Company for $10,600 under credit terms 2/05, n/20, FOB destination.May 4 Paid $300 cash for the freight charges on the May 1 purchase of merchandise.May 5 Received an $800 credit memorandum from Craft Company for the return of part of the merchandise purchased on May 1.May 6 Paid Bow Company the balance due within the discount period.May 11 Paid Craft Company the
balance due within the discount period. What will be an ideal response?
The price of a Big Mac in the U.S. is $3.41 and the price in Mexico is Peso 29.0. What is the implied PPP of the Peso per dollar?
A) Peso 8.50/$1 B) Peso 10.8/$1 C) Peso 11.76/$1 D) None of the above