Dave,a Student Who Knits Ski Caps with Tassels and Sells

question 96

Multiple Choice

Dave,a student who knits ski caps with tassels and sells them on the Quad,sells the same number of caps this year as last year,but at 20 percent higher prices.Which of the following statements is correct?

• A)Dave must be better off than last year because his income is higher.
• B)Dave cannot be better off than last year because he sold the same number of caps both years.
• C)We do not have enough information to determine whether Dave is better off this year than last year.
• D)Dave is better off this year only if there was no inflation over the past year.

Realize the importance of interpersonal skills and evidence-based management for OB managers.

Recognize the concept of internal clients within an organization.

Comprehend the principle of positive organizational behavior and its emphasis on human capital.

Describe the role of behavioral sciences in understanding organizational behavior.

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Definitions:

Bureaucracy

A system of government or business administration characterized by a hierarchy of authority, a clear division of labor, explicit rules, and impersonality in the application of rules.

Written Policies

Official documents that outline the principles, procedures, and guidelines by which an organization or government operates.

Domination

The exercise of power or control over others, often in a way that is authoritarian or repressive.

Foucault

A French philosopher and social theorist known for his critical studies of social institutions, including psychiatry, the penal system, and the history of sexuality.