______ is the extent to which rules and procedures govern the activities of organization members.
A. Formalization
B. Centralization
C. Stabilization
D. Complexity
A. Formalization
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The Calvin-Dogwood Partnership owns inventory that was purchased for $90,000, has a current replacement cost of $85,900, and is priced to sell for $125,000 . At what amount should the inventory be recorded in the accounts of the new partnership if Alexis is to be admitted?
a. $129,100 b. $85,900 c. $90,000 d. $125,000
A poor illustration of a multi-channel, single-phase queue would be ______.
a. a line waiting for bank teller service b. a line waiting for airline counter service c. picking up the phone and waiting for operator service d. security screening at the airport
Which of the following statements is true of lesson plans?
A. They are typically less detailed than a design document. B. They include the sequence of activities that will be conducted and identify administrative details. C. They include a storyboard to graphically represent content to trainees. D. They include several courses and focus primarily on developing a set of competencies needed to perform a job.
The Industry Leader (Scenario)Frank, the new CEO for First Fidelity, is working hard to turn around the formerly successful real estate business. His goal is to make First Fidelity a leader in the industry. He understands the importance of improving organizational productivity in achieving his goals. Mark is keen to improve organizational performance and effectiveness.The operations manager suggests a hike in the prices to improve productivity. However, Frank rules this option out. What could be the possible reason for this?
A. Product prices are not related to organizational productivity. B. Selling price is negatively correlated to organizational productivity. C. The real estate business is characterized by intense competition. D. Such an action would lead to reduced employee satisfaction.