All of the Following Are True with Regards to Organizational

question 41

Multiple Choice

All of the following are true with regards to organizational factors except

• A)Employees approach ethical issues on the basis of what they learned from others in the organization.
• B)An alignment between a person's own values and the values of the organization help create positive organizational outcomes.
• C)Congruence in personal and organizational values is related to commitment, satisfaction, motivation, ethics, work stress, and anxiety.
• D)Ethical choices in organizations are most often made individually.
• E)Just as a family guides an individual, specific industries give behavioral cues to firms.

Analyze spending variances in different expense categories and understand their implications on financial performance.

Understand the process of calculating standard costs for products.

Calculate material price variances and material quantity variances.

Calculate labor rate variances and labor efficiency variances.

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Definitions:

Franchise Fee

An upfront payment made by a franchisee to a franchisor for the rights to use the franchisor's brand and business model.

Shirking

The act of avoiding work or responsibilities, often covertly, within an employment context.

Franchising

A business model allowing individuals or entities to operate a business under the name and system of an established brand in exchange for a fee and ongoing royalties.

Franchisee

An individual or business entity that purchases the right to operate a branch of a franchise using the franchisor’s trademarks, systems, and business model.