Briefly discuss the six steps in the allocation process
The six steps are as follows:
1 . Choose the basis on which to allocate joint cost.
2 . List all values that comprise the basis.
3 . Add up all the values in the list (#2).
4 . Determine the percentage of the total each item in #2 is.
5 . Multiply the percentage by the cost being allocated.
6 . For valuation purposes, divide the prorated cost by equivalent units of production.
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Why is it personally important to understand organizational politics?
What will be an ideal response?
Firms that decide against international expansion to play it safe ________
A) protect themselves from competition at home B) gain a competitive edge against imports in their home markets C) successfully shield themselves from foreign competition D) risk losing their home markets E) increase their chances of entering other markets
In the ______ stage of the cycle of adjustment to the foreign environment, everything is new, exciting, and interesting and the new environment intrigues the expatriate in much the same way as if the expatriate was a tourist.
A. mastery B. adjustment C. honeymoon D. culture shock
When team members on Kami's unit craft their professional goals for the new year, she is expecting at least one goal to be tied to the unit's goals. How will she measure the individuals' performance based on this link?
A. The level of task interdependence should be higher than the level of outcome interdependence. B. The level of sharing rewards for task accomplishment should be higher than the level of cooperation. C. Individual accountability of behavior should be a critical indicator of performance. D. Individual pay raises need to play a major role in terms of defining rewards. E. Teams should not be given autonomy or allowed to be flexible in how they use their time and skills.