Explain electronic and virtual conflict.
What will be an ideal response?
Answer: Student answers will vary but should demonstrate understanding of how electronic and virtual conflicts are unique. When teams are geographically dispersed, as with virtual teams, team members tend to experience more conflict and less trust. Conflict management affects the success of virtual teams. In a recent study, avoidance hurt performance. Accommodation—conceding to others to maintain harmony rather than assertively attempting to negotiate integrative solutions—had no effect on performance. Collaboration had a positive effect on performance. The researchers also uncovered two surprises: compromise hurt performance, and competition helped performance. Compromises hurt because they often are watered-down, middle-of-the-road, suboptimal solutions. Competitive behavior was useful because the virtual teams were temporary and under time pressure, so having some individuals behave dominantly
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Authentic tactics require parties to what four things?
What will be an ideal response?
Which of the following is least likely to be required on an audit?
A. Make a legal determination of whether fraud has occurred. B. Test appropriateness of journal entries and adjustments. C. Evaluate the business rationale for significant, unusual transactions. D. Review accounting estimates for biases.
Minar Inc. reported the following results from last year's operations: Sales$5,700,000Variable expenses 3,510,000Contribution margin 2,190,000Fixed expenses 1,734,000Net operating income$456,000Average operating assets$3,000,000?At the beginning of this year, the company has a $900,000 investment opportunity with the following characteristics: Sales$1,530,000 Contribution margin ratio 60% of salesFixed expenses$810,900 ?If the company pursues the investment opportunity and otherwise performs the same as last year, the combined turnover for the entire company will be closest to:
A. 1.85 B. 2.41 C. 8.03 D. 1.46
In a small business, the most important key to ethical performance is
A. a code of ethics. B. the personal integrity of the founder or owner. C. a training program based on the code of ethics. D. the amount of legislation affecting the organization.