51.

When Carrie drove up in her new car, Ken told her that she had made a mistake. Even though the car was very sporty, easy on gas, and had lots of trunk space, he ignored these attributes and told her it would need to be repaired frequently. He said this because he had previously owned the same car, and that was his experience. This is an example of

Group of answer choices

Self-serving bias

stereotyping

projection

overconfidence

52.

_______ has been found to be more important than other traits in the success of CEOs of private equity companies.

Group of answer choices

Agreeableness

Extraversion

Openness to experience

Conscientiousness

53.

________ leaders inspire followers to transcend their self-interests for the good of the organization and can have an extraordinary effect on their followers.

Group of answer choices

Transactional

Task-oriented

Laissez-faire

Transformational

54.

Mr. Henshaw, CEO of MBA Bank, decides that the organization needs to provide more convenient service to customers. He decides to increase the bank’s service hours from 8 hours a day, Monday through Friday, to 12 hours a day, plus 8 hours a day each weekend day. He has his assistant compile a report that gives data on how the number of open hours of many banks is correlated with their customers’ satisfaction, and presents the data to his executive committee. What stage of Lewin’s change process is Mr. Henshaw operating in?

Group of answer choices

reinforcement

refreezing

unfreezing

freezing

55.

Abis Sneakers & Stuff states that it plans to be “the number one athletic company in the world.” What does this represent?

Group of answer choices

organizational structure

vision

strategic plan

mission statement

56

A(n) ______ is someone who is a catalyst in helping organizations to deal with old problems in new ways.

Group of answer choices

initiator

change agent

mentor

recipient

57.

For an OB team project, you have been assigned to a group of classmates to complete an assignment. According to the Punctuated-Equilibrium Model, teams tend to experience ________ about halfway between the first meeting and the assignment deadline.

Group of answer choices

transition

equilibrium

mid-life crisis

stagnation

PreviousNext

58.

Marion will receive a promotion and a raise if she completes a difficult assignment. This is an example of

Group of answer choices

extrinsic motivation.

organizational citizenship behavior

job satisfaction

intrinsic motivation

59.

An artifact is

Group of answer choices

part of the organization’s structure.

a physical manifestation of an organization’s culture.

an explicitly stated value preferred by the organization.

an organizational value that has become taken for granted.

60.

Hilton is a hospitality company, whose __________ is “dedicated to providing high-quality desserts in a comfortable atmosphere for clients who seek a fun gourmet experience outside restaurants.”

Group of answer choices

vision statement

SWOT analysis

mission statement

strategic plan

A week after a pedestrian bridge collapsed in Miami, killing six people and injuring another 10, investigators are still working to answer what caused the 950-ton structure to crash into several cars stopped at a red light below.

Several lawsuits have been filed by families and friends of victims since last week’s collapse at Florida International University.

Here’s a quick rundown of what the lawsuits claim and what’s next as the investigation into the bridge’s failure moves forward.

Who are the victims?

Recovery efforts ended this past weekend after police announced that they believed all victims have been recovered from the wreckage. In total, five bodies were removed from underneath the bridge. Another later died in a local hospital.

The victims were later identified by both police and families of the dead. Their ages ranged from 18 to 60, the Miami Herald reported, with the youngest victim being Florida International University student Alexa Duran. Navaro Brown, Brandon Brownfield, Rolando Fraga Hernandez, Osvaldo Gonzalez, Alberto Arias also died from the collapse. Gonzalez and Arias had been life partners for 21 years.

A vigil was held at the university Wednesday to honor the victims. Afterward, thousands of mourners, carrying ivory daisies, walked to a memorial nearby the crash site. A prayer service was also scheduled Thursday, to begin at the exact time of the bridge collapse a week earlier.

What lawsuits have been filed?

The first lawsuit related to the collapse was filed in court Monday on behalf of cyclist Marquise Hepburn, who was injured while passing by that day.

The lawsuit alleged negligence by FIGG Bridge Engineers and Munilla Construction Management, the two firms involved in the construction of the bridge. The lawsuit said Hepburn is seeking damages in excess of $15,000 from the firms, The Wall Street Journal reported. Hepburn’s lawyer told reporters that the 24-year-old was knocked off his bicycle when a car veered into his path to avoid the collapsing bridge.

The same law firm representing Hepburn also filed a civil lawsuit of behalf of FIU student Emily Panagos, 21, whose car was crushed in the collapse. Panagos survived the incident.

Later this week, another lawsuit was filed on behalf of the family of victim Rolando Fraga, 60, who died in the collapse. The lawyer representing the family said the companies behind the project should have closed the roadway while the bridge was still being constructed, NBC News reported. The bridge was originally slated to open to the public next year.

And the families of Alberto Arias, 53, and Osvaldo Gonzalez, 57, also signaled that they were filing a wrongful death lawsuit, the Miami Herald reported after funeral services for the men this week. The men, who were partners for more than 20 years, both died inside their truck in the collapse.

What went wrong?

The $14.2 million pedestrian bridge was intended to allow students to safely cross from Florida International University’s main campus over a six-lane highway to a cluster of off-campus housing.

Celebrated as a “one-of-a-kind” project by the university, the bridge was raised over the course of a Saturday morning. Then, five days later, it collapsed.

The lawsuits emerged after the Florida Department of Transportation released a transcript of a call made by the project’s lead engineer, telling state officials that he had spotted cracks in the structure.

Here’s part of what the engineer said in his voicemail, according to the provided transcript: “Calling to, uh, share with you some information about the FIU pedestrian bridge and some cracking that’s been observed on the north end of the span, the pylon end of that span we moved this weekend. Um, so, uh, we’ve taken a look at it and, uh, obviously some repairs or whatever will have to be done but from a safety perspective we don’t see that there’s any issue there so we’re not concerned about it from that perspective although obviously the cracking is not good and something’s going to have to be, ya know, done to repair that.”

The voicemail was left days before the bridge’s collapse. FDOT said the message wasn’t heard until March 16 because the employee was out of office on assignment.

FDOT also said the agency normally issues a permit for partial or full road closures “if deemed necessary and requested by the FIU design build team.”

The federal investigation into the incident is ongoing and the exact cause of the collapse has yet to be determined. It’s not clear if any known cracks are the actual cause for the bridge’s failure.

NTSB previously confirmed that workers were adjusting tension on the two rods at the north end of the span when the bridge collapsed.

“They had done this same work earlier at the south end, moved to the north side, and had adjusted one rod. They were working on the second rod when the span failed and collapsed,” NTSB said in a statement.

The roadway was not closed when the workers were readjusting the tension for the bridge.

The speedy construction process used to raise the bridge is also being scrutinized, the Associated Press reported.

What’s next?

NTSB said it was sending samples from the crash site to a research center in McLean, Virginia, for evaluation, and investigators are gathering interviews from witnesses and those involved in the project. In the coming weeks, NTSB is expected to release a preliminary report of their findings, although a cause for the collapse may still not be determined then, the Herald reported.

Miami-Dade police are also conducting a homicide investigation to determine whether charges should be filed over negligence.

And the inspector general at the U.S. Department of Transportation will also investigate the bridge collapse, the Washington Post reported. An announcement about the audit is expected next week, the Post said.

From this case explain how the 3 elements of recovery are present under tort law

1. Plaintiff suffered harm

2. Defendant's act or failure to act caused the harm

3. Defendant's act or failure to act was a breach of duty.

Review the discussion question and answer below. Do you agree with the answer? why or why not? Give your opinion.

Discussion Question: In today’s economy, it is inevitable to layoff or communicate negative information with employees. Is it ethical to fire by email and/or text messages? What is your strategy to convey negative messages to employees?

Answer: With today’s economy, and all circumstances going on I feel it is ethical to fire by email and/ or text messages. It may seem unprofessional to relate an important message like that through virtual text but sometimes it is necessary. The preferred option would be firing someone through a company email that is some way professional and involves the company’s server. On the other hand, receiving a text from your manager on your cell phone doesn’t seem right. It would be strongly unfair just to fire someone on the spot, legally they should be given a notice that they will be fired if the issue happens again. “Unless you are covered by an employment contract or state law that stipulates how you can be terminated, there are no restrictions on how an employer can fire you. Most employees in the U.S. are covered under employment at will, which means that they can be fired for any reason or no reason at all. Employers can fire employees over the phone, by paper letter or email, in person -- or yes, even by sending a text message.” (When an Employer Can Fire You By Phone or Email) For example, with everything going on in the world today many employees are being laid off due to the pandemic and they’ve been sent emails on the situation. Circumstances like these should be acceptable because people can’t be in contact at all either so it is a safe option in these conditions. A strategy to convey negative messages to an employee would be better delivered by someone from the management team. Mostly likely to have them sit down with your HR in an office would be recommended. “It's every leader's or manager's least favorite task: delivering bad news. Maybe your company is closing a facility. Or letting people go. Or you have an employee who isn't getting that coveted promotion, or has been denied an overseas posting, or can't take an expensive training course. In any case, your impulse is to soften the blow. After all, you're a caring person, and you'd like to make a difficult situation easier. So you start the conversation by talking about something else. And when it's time to deliver the news, you try to sugarcoat it. That's the wrong approach, according to new research by professors at Brigham Young University and the University of South Alabama. In fact, the worst way to deliver bad news is to beat around the bush. The best way? Rip off the Band-Aid.” ( Need to Deliver Bad News to Employees? Science Says Do This) This article I chose has a better perspective on the topic than I did. I would never think that just “ripping off the band aid” would be the best way to deliver news to an employee.

A company began operations on January 2, 2016. A company established a policy whereby it would provide paid vacation days (10 days each year) as long as the employee worked for the company in the preceding year (employees can use vacation days earned in. The policy further provided that employees will be paid a maximum of 5 days each year for absences due to illness ( employees can use days in the year in which they are earned). Any unused "sick days" would accumulate. A company employs 10 individuals in 2016 and 2017. The company has a 5 days work week and requires 8 hours per work day. A company accrues vacation days and sick days based upon wages in effect during the period in which the employees earn the compensated absences (vacation and sick days). The following information provides information about vacation days and sick days taken by A company employees: 2016 Actual Hourly Wage Rate $12.00. 2017 Actual Hourly Wage Rate $12.50. 2016 Vacation Days Used by Each Employee is 0. 2017 Vacation Days Used by Each Employee is 7. 2016 Sick Days Used by Each Employee is 5. 2017 Sick Days Used by Each Employee is 5. a) Prepare journal entries to record transactions related tk compensated absences during 2016 and 2017. b) Compute the amounts of any liability for compensated absences that should be reported on the balance sheet at December 31, 2016 and 2017. $

The GPA of accounting students in a university is known to be normally distributed. A random sample of 31 accounting students results in a mean of 3.14 and a standard deviation of 0.15. Construct the 99% confidence interval for the mean GPA of all accounting students at this university.

The GPA of accounting students in a university is known to be normally distributed. A random sample of 32 accounting students results in a mean of 2.64 and a standard deviation of 0.15. Construct the 95% confidence interval for the mean GPA of all accounting students at this university.

In 2011, two Brown University seniors, Walker Williams and Evan Stites-Clayton, were sad that their favorite bar in Providence, Rhode Island was closing. To commemorate the closing, the two friends decided to print T-shirts, but they were struck by the upfront costs, and the need to estimate how many of each size they would need to order. Williams built a website to take orders and measure demand, and also posted a link to the site on Facebook. By morning, hundreds of orders were received, along with a few e-mails requesting that he create similar websites for the T-shirt ideas of other people. The Aha Moment arrived for Williams, and he immediately knew that he had hit upon a commercially viable idea. The company Teespring soon followed.

Today Teespring is one of the top T-shirt vendors in the United States, and prints approximately 7 million shirts annually, with annual revenues estimated at $100 million. T-shirts have been shipped to more than eighty countries worldwide. The company has grown to over 300 employees. The business model is that individuals create Internet campaigns to sell custom T-shirts and related clothing on the Teespring website. Campaign creators are required to design and market the product themselves, but they are not required to invest money upfront, paying only when they have secured orders for their T-shirts.

Teespring’s role is to fulfill order for campaigns that have attained their sale goals, and then ships the T-shirts to the buyers. T-shirts are printed on demand, thereby avoiding the problem of inventory accumulation. Teespring does all the T-shirt manufacturing and shipping for the designer, whereas the designer creates the idea and helps market the T-shirt through social media and word-of-mouth. However, the company also contributes to advertising on Facebook.

Tools on the Teespring website enable the T-shirt designer to upload their ideas and slogans. The designers can select which quality and type of shirt (traditional hoodie, or tank top) they choose to print on, and many different fonts and icons are possible. The designer then chooses how many T-shirts he or she aspires to sell, and sets a sales goal. If a minimum of five T-shirts are preordered, Teespring produces the items and ships them directly to customers, charging the designed about $9 per T-shirt. The T-shirt designer sets the retail price per item.

The Teespring model has been so successful that the founders built a printing facility in Kentucky, where all the shirts can be produced and shipped efficiently. An example of a Teespring success story is restaurant manager Benny Hsu, who earned more than $120,000 in one year with a Tee-shirt bearing the slogan, “Keep calm and let the radiation therapist take care of it.”

What is your evaluation of the prospects of Teespring being sustainable in the sense of lasting a long time as a business?

Identify and explain key US accounting practices / disclosures that are different from other countries

Why is a leading US MNE such as GE afraid of emerging multinationals from emerging economies?

Every year Green Community College contacts its alumni asking for donations. In the past, alumni have always been contacted by phone. Last year, 50% of the alumni contacted contributed with a donation. This year, under the administration of the newly elected president Leonard, the university has decided to try a new method and plans to contact its alumni by e-mail. The university has decided to randomly contact half of its 7000 alumni by phone and the other half by e-mail. In a random sample of 200 alumni who were contacted by phone, 55% agreed to contribute with a donation.

Part i) To test if the donation rate has increased since last year for alumni contacted by phone, what will be the null hypothesis?

A. The proportion of 3500 alumni who were contacted by phone and subsequently contributed a donation this year equals 0.5.
B. The proportion of 3500 alumni who were contacted by phone and subsequently contributed a donation this year equals 0.55.
C. The proportion of 200 alumni who were contacted by phone and subsequently contributed a donation this year equals 0.55.
D. The proportion of 200 alumni who were contacted by phone and subsequently contributed a donation this year is higher than 0.5.
E. The proportion of 200 alumni who were contacted by phone and subsequently contributed a donation this year equals 0.5.
F. The proportion of 3500 alumni who were contacted by phone and subsequently contributed a donation this year is higher than 0.5.

Part ii) For the test mentioned in the previous part, what is the alternative hypothesis?

A. The proportion of 3500 alumni who were contacted by phone and subsequently contributed a donation this year equals 0.55.
B. The proportion of 200 alumni who were contacted by phone and subsequently contributed a donation this year is higher than 0.5.
C. The proportion of 200 alumni who were contacted by phone and subsequently contributed a donation this year equals 0.55.
D. The proportion of 3500 alumni who were contacted by phone and subsequently contributed a donation this year is higher than 0.5.
E. The proportion of 3500 alumni who were contacted by phone and subsequently contributed a donation this year equals 0.5.
F. The proportion of 200 alumni who were contacted by phone and subsequently contributed a donation this year equals 0.5.

Part iii) What is the approximate null model for the sample proportion of the alumni who were contacted by phone and contributed a donation?

A. N(0.5,0.5(1−0.5)3500‾‾‾‾‾‾‾‾√)N(0.5,0.5(1−0.5)3500)
B. N(0.5,0.5(1−0.5)200‾‾‾‾‾‾‾‾√)N(0.5,0.5(1−0.5)200)
C. N(0.55,0.55(1−0.55)200‾‾‾‾‾‾‾‾‾‾√)N(0.55,0.55(1−0.55)200)
D. N(0.55,0.5(1−0.5)200‾‾‾‾‾‾‾‾√)N(0.55,0.5(1−0.5)200)
E. N(0.5,0.55(1−0.55)200‾‾‾‾‾‾‾‾‾‾√)N(0.5,0.55(1−0.55)200)
F. N(0.55,0.55(1−0.55)3500‾‾‾‾‾‾‾‾‾‾√)N(0.55,0.55(1−0.55)3500)

Part iv) Compute the P-value (your answer must be expressed as a proportion and rounded to 4 decimal places):

Part v) What is an appropriate conclusion to the hypothesis test?

A. The donation rate for alumni contacted by phone this year is significantly higher than last year's at the 5% significance level.
B. The donation rate for alumni contacted by phone this year is not significantly higher than last year's at the 5% significance level.
C. The donation rate for alumni contacted by phone this year is the same as last year's.
D. Both (B) and (C)