Answer the following statements true (T) or false (F)
1.Management and leadership are the same thing.
2.If a person occupies a leadership role in an organization, it is likely that he or she will demonstrate leadership.
3.There is only one true definition of leadership in academic, scientific, and popular literature.
4.A leader would be likely to postpone making decisions out of fear of losing popularity with his or her followers.
5.Effective leaders never expect followers to do things that they would not do themselves.
1.false
2.false
3.false
4.false
5.true
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A sharp upward sloping yield curve indicates that
A. an economic expansion has just begun. B. an economic expansion has been going on for several years. C. a recession is about to begin. D. an economic expansion is nearly over.
Apple's success with the iPhone prompted Samsung and others to enter the market. This is an example of the "perfect competition."
Indicate whether the statement is true or false
When the auditor seeks evidence concerning the allowance for doubtful accounts he or she would most likely use an aged trial balance to help identify past due balances
a. True b. False Indicate whether the statement is true or false
A firm's pricing strategy includes plans for prices for the final consumer as well as pricing that the firm will charge wholesalers and retailers
Indicate whether the statement is true or false