A duty that a principal owes to pay an agreed-upon amount to the agent either upon the completion of the agency or at some other mutually agreeable time is known as a principal's ________.
A. duty to cooperate
B. duty to reimburse
C. duty to compensate
D. duty to indemnify
Answer: C
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What is a disadvantage of a merit pay system?
A. It does not relate the rewards to economic conditions. B. Comparative pay is not considered in its evaluation. C. It cannot be used effectively with performance appraisals. D. It does not provide rewards for performance in all the dimensions measured in the organization's performance management system. E. It can quickly become expensive for the company.
The book value per share for a corporation is
a. the market price of the stock. b. the cost of investments in stock of other corporations. c. based on the excess of total assets over total liabilities. d. the amount stockholders would receive if they sold their shares back to the corporation.
Sometimes a rise of only 10 percent in consumer demand can cause as much as a 200 percent rise in business demand for products for the next period. This is an example of ________
A) inelastic demand B) direct purchasing C) fluctuating demand D) derived demand E) a straight rebuy
______ are commonly used to send an intraorganizational message.
a. Reports b. Memos c. Letters d. Posters