Question 16 Which motivation theory postulates that people will act according to their perceptions that their work will lead to certain performances and outcomes, and by how much they value the outcomes? A. Reinforcement theory B. Equity theory C. Expectancy theory D. Achievement motivating theory   Question 17 When placing an order for materials with a supplier, the economic order quantity is the quantity (in units) for which the sum of total _____ costs and _____ costs will be a minimum. A. out-of-stock, materials replenishment B. annual order, inventory holding C. renting, advertising D. materials replenishment, total inventory Question 18 _____ is a control system used to determine the effectiveness of the organization’s transformation process. A. Inventory B. Performance management C. Operations D. Quality Question 19 _____ are a functional area control system that a company can use to determine the financial health of the organization by comparing different elements in the financial statements. A. Financial audits B. Financial statements C. Financial ratios D. Budgets

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Please answer all the questions, with wrong option explanation also.

Question 16

Which motivation theory postulates that people will act according to their perceptions that their work will lead to certain performances and outcomes, and by how much they value the outcomes?

  • A. Reinforcement theory
  • B. Equity theory
  • C. Expectancy theory
  • D. Achievement motivating theory

 

Question 17

When placing an order for materials with a supplier, the economic order quantity is the quantity (in units) for which the sum of total _____ costs and _____ costs will be a minimum.

  • A. out-of-stock, materials replenishment
  • B. annual order, inventory holding
  • C. renting, advertising
  • D. materials replenishment, total inventory

Question 18

_____ is a control system used to determine the effectiveness of the organization’s transformation process.

  • A. Inventory
  • B. Performance management
  • C. Operations
  • D. Quality

Question 19

_____ are a functional area control system that a company can use to determine the financial health of the organization by comparing different elements in the financial statements.

  • A. Financial audits
  • B. Financial statements
  • C. Financial ratios
  • D. Budgets
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