Which one of the following words does NOT describe Weber’s ideal bureaucracy?

a. Rationality
b. Efficiency
c. Hierarchy
d. Individualism


d. Individualism

Business

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Cognitive dissonance theory predicts that individuals will decipher ambiguous information so it seems to be congruent with established beliefs. This is known as ______.

A. selective exposure B. selective attention C. selective interpretation D. selective retention

Business

A company with income before income taxes of $96,000, and $20,000 in interest expense, has an interest coverage ratio of

a. 5.8 times. b. 4.8 times. c. 3.8 times. d. 6.8 times.

Business

When a lease runs for an indefinite period, which may be terminated at any time by the landlord or the tenant, a tenancy at will exists.

Indicate whether the statement is true or false

Business

Which of the following best defines short-swing profits?

A) profits that are made by an insider by selling shares of the corporation prior to the public disclosure of unfavorable information B) profits that are made by an insider by personally purchasing shares of the corporation prior to public release of favorable information C) profits that are made by a statutory insider on trades involving equity securities of their corporation that occur within six months of each other D) profits that are made by a tippee by personally purchasing shares of the corporation prior to or post public release of favorable information

Business