Many Retailers No Longer Require a Customer Signature for Credit

question 97

Multiple Choice

Many retailers no longer require a customer signature for credit and debit card transactions under a certain amount.For the employees of those retailers, this is a form of __________.

• A)job rotation
• B)job enrichment
• C)job simplification
• D)job enlargement

Calculate the margin of safety and its implications for business stability.

Determine the unit sales required to achieve target pre-tax income.

Apply the high-low method to estimate costs.

Examine the impact of pricing, advertising, and cost changes on profits through scenario analysis.

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Definitions:

Organizational Politics

The use of power and social networking within an organization to achieve changes that benefit the individual or a group, often at the expense of others.

Organizational Citizenship

Behavior by an employee that is above and beyond their basic job requirements, aimed at benefiting the overall organization.

Machiavellian Values

Principles based on the political philosophy of Niccolò Machiavelli, which often endorse the use of cunning, strategy, and sometimes unethical means to gain and maintain power.

Manipulate

To control or influence something or someone, often in a skillful manner and sometimes with the intent to deceive.