Who does your textbook claim were amongst the first researchers to focus on processes of organizational learning, introducing concepts like single and double loop learning?
a. Levitt and March
b. Argyris and Schön
c. Morgan and Bowyer
d. Marks and Spencer
b. Argyris and Schön
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Capital rationing is the process by which management decides how to divide the capital budget among the various departments or divisions in the company
Indicate whether the statement is true or false
As Christmas approaches, a wholesaler is offering special deals to retailers to purchase toys from them for sale to the public. This is known as:
a. professional pricing b. a trade discount c. a quantity discount d. bundling e. odd-even pricing
General Supply owns all the stock of Playne Pencils. A Playne employee commits a tort for which the employer is liable. The suit results in a judgment for $1 million against Playne. Playne's assets total $650,000, but General Supply's assets are in the millions. In which of the following situations would the judgment have to be paid by General?
a. General Supply's board of directors is exactly the same as Playne's. b. The president of General Supply is also the vice president of Playne. c. Playne's income and General Supply's income is held in one account. d. None of these.
How is the number of days to collect accounts receivable computed? What information does this ratio provide?
What will be an ideal response?