One of your Navajo employees quits after you surprise him with having won the company’s most valuable employee performance award which is advertised on the company web site, newsletter, and local television. His quitting is likely to be due to:

a. his shyness and personal reserve
b. his culture’s emphasis not standing out
c. the lack of individual recognition
d. unknown factors that often influence a person’s behavior


b. his culture’s emphasis not standing out

Business

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Which of the following is not true regarding the treatment of multiyear pledges, according to FASB Statement 116?

A. They should be reported net of an allowance for estimated uncollectibles. B. At the end of each accounting period, the difference between the new and previously recorded present value is recorded as interest revenue. C. They should be recorded as temporarily restricted. D. They are recorded at the present value of future collections.

Business

Which of the following is NOT a major logistics function?

A) inventory management B) product designing C) warehousing D) transportation E) packaging

Business

Describe the benefits and downsides of using the 360-degree evaluation in performance appraisals.

What will be an ideal response?

Business

How can a company find its way out of a market characterized by pure competition?

A. increase prices and attract different, quality-oriented customers B. increase the amount of available product to flood the market C. decrease the amount of available product until the market reacts D. consistently offer the lowest price until other competitors leave the market E. differentiate the product in some way, even by packaging, so customers will see it as distinct

Business