Using the iceberg metaphor for culture, which of the following is the part of the iceberg below the surface (e.g., how people define morality and what they value)?

A. observable level
B. underwater level
C. unobservable level
D. lower level


C. unobservable level

Business

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Which of the following can be used to indicate factors that slow down or cause unncessary work in a process?

a. Activity analysis. b. Total quality management. c. Cost of Quality d. All of the above.

Business

Nelson Industries has a higher debt ratio than Butler, Inc., and Nelson also has a higher times

interest earned ratio than Butler. If Nelson and Butler both have the same amount of total assets, then A) Nelson may have more non-interest bearing liabilities, such as accounts payable, than Butler has. B) if both companies have the same operating income, Butler must be paying a higher interest rate on its long-term debt than Nelson is paying. C) Nelson must have higher operating income than Butler. D) if both companies have the same operating income, a mistake was made in the calculations because the company with a higher debt ratio must have a lower times interest earned ratio.

Business

Having negative net income every once in a while is not such a bad thing as long as you have planned for it

Indicate whether this statement is true or false.

Business

Credit cards issued in conjunction with particular charities or organizations, like the Sierra Club or the Humane Society, that send a portion of their annual fee or percentage of their purchases back to the sponsoring organization are known as

A) premium cards. B) prestige cards. C) affinity cards. D) secured credit cards.

Business