Don has managed several restaurants for over 50 years and is close to retirement. With his maturity and business experience, his decisions are sound, based on solid, proven values. Don tends to be an independent thinker who focuses on empowering his employees. Don manages at Kohlberg's ______ level of personal moral development.
A. conventional
B. nonconventional
C. unconventional
D. preconventional
E. postconventional
E. postconventional
Kohlberg proposed three levels of personal moral development: preconventional, conventional, and postconventional. Only about a fifth of American managers reach Level 3, the postconventional level, when managers are guided by internal values. It is the farthest along in moral development, and Level 3 managers are independent souls who follow their own values and standards, focusing on the needs of their employees and trying to lead by empowering those working for them.
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A receiving report is an external request for the purchase of goods or services from a vendor
Indicate whether the statement is true or false
When shopping for a car you notice a significant price gap between domestic and imported cars, with the imported cars being much more expensive. This could be the result of
A. overseas consolidation. B. franchising. C. a tariff. D. globalization. E. a boycott.
The Responsible Company completed the following transactions involving investments during 2012. Purchased 20-year treasury bonds for $80,000 Sold available-for-sale securities (cost $80,000 ) for $100,000 Purchased trading securities for $55,000 Responsible uses the indirect method to prepare the operating activities section of the statement of cash flows. The following statements describe how
Responsible reported the cash flow effects of the transactions above on its 2012 statement of cash flows. Which of the following has been reported incorrectly by Responsible? A) Payments of $80,000 for 20-year treasury bonds were reported as a cash outflow in the operating activities section. B) Proceeds of $100,000 were reported as a cash inflow in the investing activities section. C) Payments of $55,000 for trading securities were reported as a cash outflow in the investing activities section. D) A gain of $20,000 on the sale of available-for-sale securities was deducted from net income in the operating activities section.
Your grandfather likes to tell the story about how he started with 50 head of cattle on his ranch and grew the ranch to 1,000 head of cattle. He said "My plan was simple: grow the number of head of cattle at a rate of 10% per year."
Your grandfather reached his goal before he retired. How long did it take him? A) 18.63 years B) 31.43 years C) 25.22 years D) 47.65 years