When a leader asks for ideas and suggestions from her followers, and then makes the decision by herself, this is called a(n) ______ style of leader decision-making.
a. autocratic
b. consultative
c. participation/facilitation
d. delegation
b. consultative
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Trading securities are
a. reported at fair value on the balance sheet and as unrealized gains or losses on the income statement b. not reported on the balance sheet c. reported as unrealized gains or losses on the income statement d. reported at fair value in the balance sheet
Bluebird Mfg. has received a special one-time order for 15,000 bird feeders at $3 per unit. Bluebird currently produces and sells 75,000 units at $7.00 each. This level represents 80% of its capacity. These bird feeders would be marketed under the wholesaler's name and would not affect Bluebird's sales through its normal channels. Production costs for these units are $3.50 per unit, which includes $2.25 variable cost and $1.25 fixed cost. If Bluebird accepts this additional business, the effect on net income will be:
A. $11,250 increase. B. $33,750 decrease. C. $7,500 decrease. D. $45,000 increase. E. $33,750 increase.
. In this pricing strategy, prices are guided by the price other businesses set for similar products and services:
a. customer-led pricing b. loss-leader pricing c. competition-led pricing d. skimming
Sable and Rex agree while talking on the phone to form a partner¬ship—The Home Source—to deal in transfers of real property. To be enforceable, their agreement must
a. be filed in the appropriate state office. b. be in writing. c. involve the exchange of valid consideration. d. not involve a third party.