Scenario: Allison Albright Your Roommate, Allison Albright, Is a Non-Business

question 122

Multiple Choice

Scenario: Allison Albright Your roommate, Allison Albright, is a non-business major.When she discovered that you are taking a course in Organizational Behavior, she was thoroughly confused as to why one would need to study OB and what it entails.Based on what you have studied, can you help Allison obtain knowledge of organizational behavior?
Allison should understand that organizational behavior knowledge:

• A)should never be used to influence the behavior of other people.
• B)should be used only by managers and senior executives.
• C)should never replace common-sense knowledge about how organizations work.
• D)is relevant to everyone who works in organizations.
• E)is an independent science that has evolved independently.

---

Definitions:

Interest Rate

The share of a loan subjected to interest charges for the borrower, often expressed as an annual percentage of the total loan that is yet to be paid.

Annual Payment

A payment made once a year, often in the context of loans, leases, or insurance policies.

Investment

The allocation of resources, usually money, in order to generate income or profit.

Present Value

The calculated value in current terms of an expected future cash flow or sum of money, discounting at a given rate of return.