Goal congruence exists when each individual manager's goals are achieved

Indicate whether the statement is true or false


F

Business

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A bank has currency and coins equal to $20 million in its vaults. It has securities worth $10 million, has borrowings equal to $5 million, and has given out loans equal to $2 million. It also has deposits with the Federal Reserve equal to $4 million. The total reserves of the bank equals

A. $12 million. B. $22 million. C. $24 million. D. $36 million.

Business

The income statement helps users

A) assess the company's risk. B) review the impact of economic factors affecting the company. C) compare and contrast performance against a competitor. D) All of these answer choices are ways in which the income statement helps users.

Business

Lucas, a car salesperson, has to sell John's car. John informs Lucas that the car was repaired after it was involved in a major accident If Lucas intentionally tells the buyer of the car that the car was never involved in an accident, he has committed the tort of ________.

A) substantial frolic and detour B) intentional misrepresentation C) self-dealing D) competing with the principal

Business

What method was used by IDEO to investigate the patient experience in the emergency room?

a. An IDEO employee went undercover, filming the experience in the emergency room. b. An employee of IDEO “stepped into the shoes” of hospital personnel by observing them at work. c. Emergency room patients were interviewed about their experience. d. Emergency staff members were interviewed about their experiences.

Business