In the performing stage of team development, the role of a team member or team leader involves
A. discussing the lessons learned that members can take with them to new projects.
B. encouraging members to provide support to and serve as resources for each other.
C. taking sides of the majority group.
D. encouraging the group to establish communication channels.
Answer: B
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A customer agrees to pay a seller over time with a promissory note. Which of the following statements related to this situation is false?
A) The transaction price is determined by adjusting the promised amount of future consideration to reflect the time value of money. B) The objective for the adjusting for time value of money is to separate the contract into a revenue element and a financing element. C) When adjusting for the time value of money, the seller should use the current prime lending rate as the discount rate. D) Sellers are not required to adjust for the time value of money if the time period between the customer's payment and the company's transfer of goods or services is less than one year.
Standard costs can be used by management to assess the reasonableness of actual costs incurred.
Answer the following statement true (T) or false (F)
Marketers estimate ________ when they determine whether anyone is likely to buy a new product
A) pricing points B) distribution costs C) commercial success D) technical success E) creative success
The export of U.S. corn to Mexico was the ________ area to have tariffs dropped.
Fill in the blank(s) with the appropriate word(s).