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QUESTION 71 The \"glass ceiling\" refers to A transparent organizational hierarc

ID: 1119802 • Letter: Q

Question

QUESTION 71

The "glass ceiling" refers to

A transparent organizational hierarchy in which talented employees from all levels can see opportunities for advancement.

An easily shattered separation between labor and management that is often breached during contract negotiations.

A group decision-making error that prevents team members from thinking outside the box.

An invisible barrier that makes it difficult for certain groups, such as minorities and women, to move beyond a certain level in the organizational hierarchy.

1 points   

QUESTION 72

Managers who make choices they think will do the most good for the greatest number of people follow which ethical system?

Virtue.

Relativism.

Egoism.

Utilitarianism.

1 points   

QUESTION 73

Which of the following is used to help an organization formulate its strategy?

Total quality management.

SWOT analysis.

Procedural justice.

Standardization.

1 points   

QUESTION 74

Higher interest rates will most likely

Have no effect on consumer spending and business investment spending.

Reduce consumer spending and raise business investment spending.

Reduce both consumer spending and business investment spending.

Increase both consumer spending and business investment spending.

1 points   

QUESTION 75

Principles of personal ethical behavior that are essential to an ethical life include

Integrity.

Respect for others.

Accountability.

All of the above.

1 points   

QUESTION 76

Which of the following functions or activities do wholesalers not provide?

Store inventory.

Supply capital.

Reduced credit risk.

Provide market information.

Manufacturing/production.

1 points   

QUESTION 77

Frank bought one copy of Microsoft Office and installed it on the computers of five of his friends. He is

A hacker.

An Internet pirate.

A software pirate.

Authorized to install the software on as many machines as he desires.

1 points   

QUESTION 78

Don runs a construction company. He hires people to work on his projects and tells them they are all independent contractors. Legally, they are not independent contractors since Don tells the workers when to come to work, how long to work, what days to work, what they are to do each day, and so forth. At the end of each week, Don pays his workers in cash (not a check). Also he does not withhold any state, federal or social security withholding tax (since he claims the workers are independent contractors). Which statement is correct?

Don has committed both unethical and illegal conduct.

Don has committed unethical conduct, but it is legal.

Don has committed ethical conduct, but it is illegal.

Don has committed both ethical and legal conduct.

1 points   

QUESTION 79

Which of the following offers the highest average return over the long term?

Treasury bill.

Long-term corporate bond.

Small-company stock.

Certificate of deposit.

1 points   

QUESTION 80

Adjusting entries are made to ensure that:

Expenses are recorded in the period in which they are incurred

Revenues are recorded in the period in which they are earned

Balance sheet and income statement accounts have correct balances at the end of an accounting period

All of the above

A.

A transparent organizational hierarchy in which talented employees from all levels can see opportunities for advancement.

B.

An easily shattered separation between labor and management that is often breached during contract negotiations.

C.

A group decision-making error that prevents team members from thinking outside the box.

D.

An invisible barrier that makes it difficult for certain groups, such as minorities and women, to move beyond a certain level in the organizational hierarchy.

Explanation / Answer

Question 71

The correct answer is D.

Glass ceiling is upper limit of the organization that is invisible and this layer makes it impossible for the women to get promoted, get pay rise or career growth.

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