Omar Dreaded Annual Performance Reviews

question 93

Multiple Choice

Omar dreaded annual performance reviews. His company had few performance standards, and worse still, if his employees did not like their reviews, they went over his head, and Omar's boss often overturned decisions! These interpersonal factors that decrease the effectiveness of the organization's decisions are best described as

• A) Time pressures.
• B) Gut feelings.
• C) The illusion of control.
• D) A lack of control.
• E) Social realities.

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Definitions:

Income Statement

A financial document that shows a company's revenues and expenses over a specified period, illustrating how the net revenue of the company is transformed into net income.

Dividend Yield Ratio

A financial ratio that measures the amount of dividends an investor is expected to receive for each dollar invested in a company's stock, expressed as a percentage.

Market Price

The current price at which an asset or service can be bought or sold in the open market.

Dividends on Common Stock

Payments made to shareholders out of a company's earnings, specifically to the holders of its common stock.