Publisher's Clearing House has a policy that no employees or their family members are eligible to win the big sweepstakes. This policy was likely implemented to
A) shrink the pool of possible winners, which increases each individual's odds of winning.
B) prevent employees from accepting gifts or bribes from other employees.
C) encourage more magazine sales.
D) avoid an apparent conflict of interest.
E) satisfy the families of Publisher's Clearing House employees.
Question 2 - Demand-based pricing, unlike cost-based pricing, places firms in a better position to
A) attain higher profit levels.
B) estimate demand easily and accurately.
C) perform breakeven analysis.
D) calculate price based on intangible benefits.
E) penetrate the market quickly.
Question 3 - A basic difference between line managers and staff managers is that line managers have ___ which staff managers rarely have.
A) authority
B) expertise
C) decision-making skills
D) experience
E) responsibility
Question 4 - Employee ________ include non-salary compensation such as health, life, and disability insurance; vacation and personal leave; and employee stock option and retirement plans.
Fill in the blank(s) with correct word
Question 5 - When medical research indicated that a high-fiber diet might help reduce one's risk of colon cancer, a few producers of fiber cereals suggested in their advertisements that if you eat fiber cereal, you will not get cancer. This is an example of
A) an unethical organizational relationship.
B) a conflict of interest.
C) social responsibility.
D) unethical communications.
E) ethical persuasion.
Question 6 - A hotel room in New Orleans during Mardi Gras costs considerably more than it would during the following week. This is an example of
A) status-quo pricing.
B) cost-based pricing.
C) price differentiation.
D) variable pricing.
E) price adjustment.
Question 7 - A line-and-staff structure tends to work best for ____ organizations.
A) medium and large size
B) small to medium size
C) informal
D) flat
E) tall
Question 8 - An ongoing evaluation of performance that allows employees to make improvements promptly refers to a ________ performance appraisal.
Fill in the blank(s) with correct word
Question 9 - Bribes are
A) unethical.
B) ethical only under certain circumstances.
C) uncommon in many foreign countries.
D) economic returns.
E) ethical.
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