ODYSSEY1_EASY

Producers create products and services used by individuals and other businesses.

• TRUE

• FALSE

Ethics are accepted as good and right in the conduct stated by the governing moral code.

• TRUE

• FALSE

Cost constraint is the benefits perceived to be derived and must exceed the cost perceived to be associated with.

• TRUE

• FALSE

Ultimate beneficiaries of an organization’s efforts.

• Managers

• Workers

• Families

• Customers

It usually requires payments at the end of each period.

• Annuity

• Ordinary Annuity

• Annuity Due

• Interest

The largest percentage of business worldwide.

• Family Business

• Organization Business

• Sole-Proprietorship

• Partnership

Expose the misconduct of the employees to conserve ethical obligations.

• Whistleblower

• Ethics Training

• Immoral manager

• Organizational Stakeholders

A skill-based capability that contributes to high performance in a management job is called “managerial capability”.

• TRUE

• FALSE

If the candidate fails to obtain at least a general average of 75% and a rating of at least 65% in each of the subjects reexamined, he/she shall be considered as failed in the entire examination.

• TRUE

• FALSE

Collection of people working together to attain their common goal.

• Organizational Performance

• Intellectual Capital

• Organization

• Cooperation