A Corporation Purchases 10,000 Shares of Its Own $10 Par

question 157

Multiple Choice

A corporation purchases 10,000 shares of its own $10 par common stock for $35 per share, recording it at cost. What will be the effect on total stockholders' equity?

• A) increase, $100,000
• B) increase, $350,000
• C) decrease, $100,000
• D) decrease, $350,000

Recognize the contingency approach in management and its importance in organizational behavior.

Describe the interdisciplinary nature of organizational behavior and its connections to behavioral sciences.

Identify intangible vs. tangible resources in an organization and their significance.

Understand the concept of organizational systems and the value chain in effective organizations.

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Definitions:

High-involvement

A management philosophy that emphasizes employee participation in decision-making and operations, leading to increased job satisfaction and organizational performance.

Human Relations

The study and management of employees' behavior, attitudes, and performance to improve workplace relationships and productivity.

Goal-sharing Plans

Incentive plans where employees are rewarded for meeting or exceeding certain performance targets set by the organization.

Gain-sharing Plans

A performance-based compensation strategy where employees receive bonuses for improvements in productivity or company performance.