The McDonald's System (From the McDonaldization of Society) GEORGE RITZER

question 17

Multiple Choice

The McDonald's System (from The McDonaldization of Society) GEORGE RITZER
-In Ritzer's terminology, a shop whose employees make violins by hand in the traditional manner of a craftsperson would be:

• A) an example of a part of the society untouched by the McDonald's system
• B) moderately McDonaldized because the shop probably uses an assembly-line process
• C) more like Domino's Pizza (optionally delivered) than McDonald's hamburgers
• D) anti-innovative, unprofitable, and elitist
• 43) Religious Community and American Individualism (from Habits of the Heart: Individualism and Commitment in American Life) ROBERT N. BELLAH, RICHARD MADSEN, WILLIAM M. SULLIVAN, ANN SWIDLER, and STEVEN M. TIPTON

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Definitions:

Depreciation Expense

The allocated amount of the cost of an asset over its useful life, used to account for declines in value.

Accrued Revenues

Revenues that have been earned but not yet received in cash or recorded by the entity, representing assets on the balance sheet.

Unearned Rent

Income received by a landlord for a period of time that has not yet passed; considered a liability until earned.

Adjusted Trial Balance

A financial statement that lists all accounts and their balances after adjustments have been made.