All of the Following Are True Regarding the Management and Monitoring

question 157

Multiple Choice

All of the following are true regarding the management and monitoring of cash except

• A)companies may have plenty of sales, but insufficient cash to support operations.
• B)the cash to cash operating cycle for a manufacturer is generally shorter than that of a merchandising company.
• C)manufacturers may experience a significant lag between the purchase of raw materials and the receipt of cash from customers.
• D)companies should have sufficient cash to meet payments but minimize the amount of non-revenue-generating cash on hand.

Understand the concepts of equity and perceived inequity in the workplace.

Distinguish between different types of individuals based on their responses to reward systems (e.g., entitleds, benevolents).

Grasp the principles of expectancy theory and how it influences motivation.

Realize the importance of instrumentality and valence in expectancy theory.

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Definitions:

Stakeholder

An individual or group that has an interest or concern in an organization, project, or event, which can be affected by or affect its outcomes.

Community

A group of people living in the same place or having a particular characteristic in common.

Stakeholders

The groups of people affected by a firm’s decisions.

Decision Making

The cognitive process of selecting a course of action from among multiple alternatives, often involving judgment, evaluation, and reasoning.