The type of organization that is based on the Internet, and one that has made it possible for people to work together on projects no matter where they are, is the ____________________ organization.
Fill in the blank(s) with the appropriate word(s).
virtual
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In which one of the following situations would OD techniques be the most helpful?
A. increasing efficiency among employees in a firm B. helping employees from two similar organizations work better together in a strategic alliance C. dealing with employee stress that comes from revitalizing an organization or adapting to a merger D. facilitating discussion of ethical issues in preparing a company's code of ethics E. working with the CEO to determine how to increase profitability
Answer the following statements true (T) or false (F)
1. Target profit is the operating income that results when sales revenue minus variable and fixed costs equals management's profit goal. 2. Companies can use the contribution margin ratio approach to compute required sales in terms of units rather than in sales dollars. 3. The sales required to achieve a target profit can be determined by using the contribution margin, contribution margin ratio, or break even approaches. 4. The sales level at which operating income is zero is called the breakeven point. 5. The breakeven point represents the sales level at which the company's operating income is zero.
A store has determined that the weekly sales of a product is related to the number of customers who visit the store and the square feet of shelf space, x, according to the following equation: -20x2 - 10C2 + 40Cx + 120x - 200
C represents the hundreds of customers who visit their store. If a store averages 200 customers per week, how many square feet of shelf space is required to maximize sales? A) 3 B) 4 C) 5 D) 1 or 9
Why are adjusting entries necessary in an accrual accounting system? What are some common examples?
What will be an ideal response?