Isabella uses the explanatory style of optimists because when faced with a big problem, she
A) pokes fun at her own capabilities.
B) attacks others as having caused the problem.
C) regards it as temporary.
D) practices positive visual imagery.
Answer: C
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Charm City Electric is a regulated monopoly providing electric services in a large city. Property, plant, and equipment dominate the asset side of the balance sheet. Which of the following is/are true?
a. It relies more on long-term debt than shareholders' equity to finance these facilities. b. It may a debt-equity ratio of 100% or more. c. The regulated monopoly status practically eliminates the risk of default or bankruptcy, so Charm City Electric faces a relatively low borrowing cost. d. Charm City Electric's production and transmission facilities can serve as collateral for the long-term. e. all of the above
Vertical stretch goals are
A. aligned with current activities, including productivity and financial results. B. the goals that conflict with people's personal values and interests. C. the set of goals whose primary focus is to protect organizations from being sustainable. D. the targets that merely exhort employees in general terms to improve performance. E. subjective and not objective.
A responsibility center in which a manager is responsible for both revenues and costs is a(n)
A) cost center. B) revenue center. C) profit center. D) investment center E) center not presented here.
Which of the following is the most effective way to encourage ethical business behavior?
A. Pass government regulations. B. Provide guidelines from trade associations. C. Include an ethics clause in a labor contract. D. Establish and enforce a corporate code of ethics. E. Rely on employees to blow the whistle.