Which of the following is not an advantage of decentralization?
A. Allows for development of managerial expertise
B. Potential duplication of resources
C. Allows top managers to focus on strategic issues
D. Managers can react quickly to local information
Answer: B
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An ad that is targeted toward stay-at-home wives, which begins with this phrase, "Since I stopped working, I have more time for my kids," is emphasizing:
A) likeability B) similarity C) consistency D) continuity
Which documents prompt the fixed asset department to create a fixed asset record?
Which of the following is NOT a level of organization, as formulated by Thompson?
A) Technical B) Organizational C) Managerial D) Institutional
In March, Margaret made a loan to Pete for $10,000. Three months later, she began to hear rumors about Pete's failing financial condition. When in July, Pete asked her to loan him an additional $2,000 to buy inventory, Margaret required a security interest in the inventory and also demanded that Pete secure the first loan with his personal automobile. In September, Pete filed for bankruptcy. Will
these security interests stand up? A) Yes, if they are properly filed B) Yes, since they are for antecedent debts C) No, both will be voidable preferences D) No, the security interest in the automobile would be a voidable preference