Answer:
The manager does not understand the contingency view.
Explanation:
The manager who focuses only on one part of the business then will not understand the contingency view. Here, the contingency view refers to the behavior of the manager to lead every situation or problem in the company. Therefore, to make a decision it is required to focus on all parts of the organization. Since in the question it is given that the manager focus only on one part of the company that means he will be unable to understand every situation of the company.
Answer:
False
Explanation:
A common size income statement is an income statement expressed in percentages. Each line item is expressed as a percentage of total revenue or total sales, not as a percentage of net income.
A common size income statement is used to analyze the relative weight of the company's accounts, e.g. gross margins, net margins, manufacturing expenses relative to total sales, etc.
Answer:
The correct answer is E) self-serving bias.
Explanation:
Self-service bias, or bias due to personal interest, appears when people request responsibility with greater interest for their own successes than for their own failures or failures. It also manifests itself when people tend to evaluate ambiguous information in a way that benefits their own interests. Dale Miller and Michael Ross were the first to suggest this attributional bias. Self-service also arises as a result of statistical bias as a result of people thinking, due to their self-esteem, that in certain areas it is better than average. For example: most drivers think they drive better than average.
Answer:
An example of an operational risk would be if a business were unable to meet
its sales orders because of the death of the company president
Explanation:
When death incur from the owner or incharge of such business it might affect the operations of such businesses but if all other factors has been put in place, it would enable the business to carry on even when the owner is dead.
The answer for this question is: Purchasing plant and equipment that worth more than the cash that they have.
By doing this, the company will be forced to find some funds that is not included in Company's budget, and the easiest method to do that is by searching for an emergency loan or by selling other assets that are not crucial for their operation.
