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Indicate whether the statement is true or false
FALSE
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Compensating balances reduce the amount of cash available to the borrower to meet obligations and they decrease the effective interest rate for the borrower
Indicate whether the statement is true or false
Under which of the following cases may a percentage change be computed?
A) There is no amount in the base year. B) There is a negative amount in the base year and a negative amount in the subsequent year. C) The trend of the amounts is decreasing but all amounts are positive. D) There is a negative amount in the base year and a positive amount in the subsequent year.
An acceptable answer will be able to define what empowerment is and note that it does not mean that power disappear from the scene; a good answer will talk about Sewell and Barker’s studies, while a superior answer will recognize that power is irremediable in organizations and that technologies such as empowerment can intensify its experience, by making the exercise more multi-faceted, in ways that relate to the effects of the Panopticon – where employees are made responsible for their own and colleagues policing. Using what you have read in chapter seven of your textbook, why might people in organizations act in morally and ethically questionable ways? When they do so, who is to blame and who must pay?
What will be an ideal response?
Which ethical decision-making approach is based on the morals of the situation?
a. Objectivity b. Justice c. Rights d. Utilitarian