Which of the Following Is the Reinforcement Stage of Organization

question 52

Multiple Choice

Which of the following is the reinforcement stage of organization development in which individuals acquire a desired new skill or attitude and are rewarded for it by the organization?

• A) Refreezing
• B) Restating
• C) Unfreezing
• D) Changing
• E) Jumping

Understand and prepare closing entries for a merchandising company and how they differ from those of a service company.

Explain cost flows and operating activities in a merchandising company.

Identify the key components of income for a merchandising company.

Describe the types and attributes of inventory in a merchandising context and explain the concept of inventory shrinkage.

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Definitions:

Surplus

An excess of income or assets over expenditure in a given period, often referring to a government's budget.

Quantity Supplied

The total amount of a good or service that producers are willing and able to sell at a given price over a specific period.

Quantity Demanded

The amount of a good or service consumers are willing and able to buy at a specific price level, ceteris paribus.

Equilibrium Price

The price level where the supply of goods meets the demand for those goods.