Sandy has made an error in her work that has caused the loss of an important client. Although she did not intend to do so, she got very defensive when her managers asked her what happened. Based on research on attribution and leadership, her manager is likely to:
a. fire Sandy.
b. blame Sandy for the mistake and hold her responsible.
c. let Sandy off easy and assume the client was difficult.
d. not do much; most managers know that employees can’t control everything.
b. blame Sandy for the mistake and hold her responsible.
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Which of the following is the name of a form providing standard quantities of inputs required to produce a unit of output and the standard prices for the inputs?
A. Master budget B. Variance account C. Standard cost sheet D. Static budget
What was the outcome of the case in the text where Taco Bell Corporation was sued to recover
damages for breach of contract? A) The court ruled that Wrench LLC, Rinks, and Shields conferred a benefit on Taco Bell Corporation who retained the benefit and thus created a quasi-contract. B) The court found that an implied-in-fact contract existed and awarded damages to plaintiffs Wrench LLC, Rinks, and Shields. C) The court of appeals found that the plaintiffs had stated a proper cause of action against Taco Bell Corporation for breach of contract, reversed the judgment of the district court, and remanded the case for trial. D) The court of appeals upheld the district court ruling that granted summary judgment in favor of Taco Bell Corporation.
A thriving cowboy culture encourages entrepreneurship. The term "cowboy culture" refers to a culture where:
A. strict regulations lead to the creation of joint ventures between large corporations and nonprofits. B. standout individuals who break free of old ways attract attention and admiration in many of the countries with high entrepreneurship rates. C. it is mandatory for all businesses to provide health insurance to employees. D. the employment protection laws established by the government motivate people to turn into necessity entrepreneurs when the need arises.
The strategy of developing a large market share for a new product by setting a very low price is called penetration pricing.
Answer the following statement true (T) or false (F)