Which of the following statements does the best job of reinforcing positive "organizational and personal pride" norms?

A) "In our department, people are always looking for better ways of doing things."
B) "People on this committee are good listeners and actively seek out the ideas and opinions of others."
C) "Our company strives for both efficiency and effectiveness."
D) "On our team, people always try to work hard."
E) "It is a tradition around here for people to stand up for the company when others criticize it unfairly."

As a consumer you believe yourself to act rationally,optimally and self-interestedly.You like ice cream and value a pint at $7.Usually you buy a pint each week at $4.This week however,the price jumped to $5 a pint.What would you do?

A) ​buy the ice cream since the price is still below your maximum willingness to pay
B) buy the ice cream since even at the new price it gives you a positive amount of consumer surplus
C) not buy the ice-cream since the price is now higher
D) ​both A&B

Commerce Bank files a suit against Drake, its former accountant, alleging constructive fraud. Drake may be held liable

A) if Commerce Bank cannot prove actual fraud.
B) if Drake was grossly negligent in the performance of his duties.
C) only if Drake acted with fraudulent intent.
D) only if Drake impersonated someone who could be liable for fraud.

In substance,investments in equity securities may be classified as:

A) trading investments at fair value, where increments and decrements in the fair value of the investments are recognised in the income statement.
B) available-for-sale investments.
C) equity investments in subsidiaries, associates and joint venture entities.
D) all of the above.

A corporation whose shares are held by relatively few persons is a close corporation .

Refer to Figure 15.4. Assume The Hand Made Shirt Shop has fixed costs of $150 and is a monopolistically competitive firm. To maximize profits in the short run, this firm should set a price of

A) $18.
B) $22.
C) $23.
D) $25.