Refer to Figure 16.4. If the government assigns property rights to ________ and no negotiations occur between the parties, the resulting level of air travel is 120 units.

A) the residents of Playa Del Rey
B) both the airlines and the residents of Playa Del Rey in a 50-50 split
C) the airlines
D) indeterminate from the given information.

The flexible budget variance is the difference between the actual results and the flexible-budget amount for the actual levels of the revenue and cost drivers.

Organizational politics typically involves:

A) an unconscious attempt to increase your own power.
B) a conscious attempt to motivate others to work harder for the firm.
C) attempts to influence others to promote personal objectives.
D) helping other employees to fulfill their needs through organizational activities.
E) none of the above.

If a division of a firm faces soft rationing, it is unlikely more capital can be obtained from the firm if the division finds a worthwhile positive NPV project.

In the two-factor theory of motivation, __________ are associated with the job context, such as working conditions, interpersonal relations, organizational policies, and salary.

A) existence factors
B) satisfier factors
C) hygiene factors
D) affiliation factors
E) relatedness factors

Horizontal specialization is a hierarchical division of labor that distributes formal authority and establishes where and how critical decisions are made.