If Employees' Activities Follow the Economists' View of Behavior,managers Will

question 23

Multiple Choice

If employees' activities follow the economists' view of behavior,managers will be most effective if they can

• A)influence the costs and benefits of employee actions.
• B)improve employee satisfaction with the job.
• C)communicate goals and objectives effectively to their employees.
• D)fire inefficient employees.

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Definitions:

Quick Ratio

A measure of a company's ability to meet its short-term obligations using its most liquid assets.

Accounts Receivable

Accounts receivable represents the money owed to a company by its customers for goods or services that have been delivered but not yet paid for, essentially an extension of credit from the company to the customer.

Accounts Payable

The amount of money owed by a company to its suppliers or creditors for goods and services purchased on credit.

Quick Ratio

A liquidity indicator that measures a company's ability to cover its short-term obligations with its most liquid assets, excluding inventories.