If There Is a Competitive Market for the Product Being

question 108

Multiple Choice

If there is a competitive market for the product being transferred internally,using the ________ as the transfer price will lead to ________.

• A)full cost; managerial effort
• B)variable cost; performance rewards
• C)full cost plus profit; goal congruence
• D)market price; goal congruence

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Definitions:

Groupthink Characteristics

Groupthink characteristics involve a group decision-making process where the desire for harmony and conformity results in an irrational or dysfunctional outcome.

Wildcat Strike

An unauthorized or illegal work stoppage initiated by employees without the sanction of their union.

Illegal Strike

A work stoppage or labor strike that is not authorized by law, often due to it not following the proper legal procedures.

Bad Apples Effect

The idea that one or a few disreputable members can negatively affect the perception or functionality of the whole group.