1. Why is the assumption of land as a homogenous factor of production no longer considered tenable? In classical economics‚ land along with labor and capital are considered as one of the factors of production. Land is often regarded as the original factor of production because it is found in nature and therefore not produces and cannot be derived from anything else. As a natural good‚ land was considered the source of wealth thus agriculture was the only sector that could increase it. Thus
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1. When should you call the ClearCare system to clock in? a. At the beginning of your shift‚ but no more than 5 minutes early b. After you have started working the shift c. At the end of your shift d. 15 minutes prior to starting the shift 2. When do you calculate mileage? a. When driving your car to take the client to an appointment b. When driving your car to and from all shifts c. When driving the client’s car to an appointment d. When riding with your client to an appointment 3. What do you
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You are the manager of a small accounting practice and lately you have noticed that absenteeism has been increasing. You suspect it is because of the extra workload that the company now has due to acquiring several new major accounts. However‚ you do not have the budget as yet to employ more staff in order to cover this extra work.. This has resulted in the existing staff becoming increasing disgruntled with the working conditions and long hours .Describe and explain TWO theories of motivation as
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DOWNLOAD Correct Answers in Red 1) Planning involves which of the following? A. Analyzing current situations (most correct‚ if only one is to be selected) B. Determining rewards for goals achievement C. Motivating employees D. Implementing necessary changes 2) _______ is specifying the goals to be achieved anddeciding in advance the appropriate actions needed to achieve those goals. A. Staffing B. Leading C. Organizing D. Planning 3) Advances in genetic engineering and biotechnology are expected
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I. Chapter 7: Democracy & Human Rights A. Define terms a. Nationalism – the intense belief in the worth‚ rightness‚ and glory of one’s own nation. b. Patriotism – devotion to one’s country. c. Nation – a subnational entity. d. Nation-state – a sovereign entity that represents the interests of people who share a common culture as well as a common territory. e. Sovereignty – control‚ such as of a state or nation. f. Democracy – rule by the people
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1) Hahn Company uses the percentage of sales method for recording bad debts expense. For the year‚ cash sales are $300‚000 and credit sales are $1‚200‚000. Management estimates that 1% is the sales percentage to use. What adjusting entry will Hahn Company make to record the bad debts expense? Debit Bad Debt Expense $12‚000‚ Credit – Allowance for Doubtful Accounts $12‚000 2) Using the percentage of receivables method for recording bad debts expense‚ estimated uncollectible accounts are $15‚000
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Chapter 1 Fraud examination – process of resolving allegations of fraud from inception to disposition. It involves not only financial analysis‚ but also taking statements‚ interviewing witnesses‚ rating reports‚ testifying to findings‚ and assisting in the detection and prevention of fraud. Fraud theory approach – the methodology used to investigate allegations of fraud. 1) Analyze available data‚ create hypothesis‚ test hypothesis‚ refine / amend hypothesis. Occupational fraud / abuse – the use
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1. Which of the following describes the BEST perspective from which to view organizational ethics? a. From the point of view of individual managers. b. From the point of view of corporations. c. From the point of view of industry-wide ethical concerns. d. Organizational ethics should be viewed from all of the above perspectives. 2. Which of the following is a factor that might explain
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对外经济贸易大学国际商学院 战略管理 期末考试试卷 对外经济贸易大学 2007─2008学年第一学期 《战略管理》期末考试试卷（A卷） 课程代码及课序号：MGT311－0 学号： 姓 班级： 课序号： 题号 一 二 名： 三 成 绩： 任课教师： 四 五 合计 得分 Notice：Please write your name and all your answers on the answer sheet. PartⅠ Multiple Choice 20 points‚ 2 points for each. For each question‚ please select one best （ answer.） 1. Primary activities are: A) the activities most likely to be imitated by competitors. B) involved in a product’s physical
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Legal Moralism (Patrick Devlin) -The idea that popular notions of morality should influence decisions about what behaviors the law ought to regulate. (The law should enforce public morality) Collective Judgment -The consensus that members of a society would reach about which behaviors are morally acceptable and which behaviors are morally unacceptable. (Instrumental to Devlin’s theory of Legal Moralism) Harm Principle -The idea advanced by John Mill that a society should only concern
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