Growing ventures tie up more cash in their inventory than in any other part of the business.

Answer the following statement true (T) or false (F)


True

Business

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______ is a performance appraisal method in which a manager keeps a written record of the positive and negative performance of employees throughout the performance period.

A. Behaviorally anchored rating scale form B. Narrative method or form C. Management by objectives method D. Critical incidents method

Business

What is the name commonly given to the form of on-the-job learning which occurs through observation of a competent colleague:

a. sitting with Nellie b. sitting by Dave c. copying Nellie d. watch and learn

Business

Jane is the owner of a hair salon in a strip mall. Lucy is the owner of the shop next door to Jane and is concerned that owing to all the chemicals handled by Jane in her business, her salon could be damaged by fire

Lucy encourages Jane to take out a contact of insurance to protect her business but when Jane showed no inclination to do so, Lucy herself tried insure Jane's building. Can Lucy do this? A) Yes, because Lucy's business could be destroyed if a fire started on Jane's premises. B) No, because Lucy has no insurable interest in Jane's premises C) Yes, because under the principle of good neighborliness, the law allows one neighbour to insure the property of another. D) Yes because anyone can take out insurance on anything they wish. E) Only if she can prove that Jane is being negligent in not getting the insurance herself.

Business

Labor Recruiters, Inc, has been ordered to appear at a hearing before an administrative law judge of the National Labor Relations Board. A significant difference between a trial and an administrative hearing is that? A) attorneys are not allowed to attend administrative hearings

B) clients are not allowed to communicate with their attorneys during administrative hearings. C) hearsay can be introduced as evidence in an administrative hearing. D) the burden of proof is on the charged party to prove innocence.

Business