Which of the following would not be a basis for estimating the useful life of a piece of equipment?
A) Potential production in units
B) Potential hours of service
C) Historical cost
D) Years of service
C
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Answer the following statements true (T) or false (F)
1. The control process begins with establishing standards. 2. Corrective action is a control principle that states that managers should be informed of a situation only if data show a significant deviation from standards. 3. Bureaucratic control is most appropriate for an organization in which the tasks are explicit and certain. 4. Except for in rare instances, employees at George's Pro Painting take responsibility for their own work and how it is done, rather than being governed by a rigid set of rules. George's Pro Painting is using decentralized control.
Which of the following statements is true?
a. Relations-oriented behaviors are key to leader effectiveness. b. Task-oriented behaviors are key to leader effectiveness. c. A blend of relations- and task-oriented behavior is key to leader effectiveness. d. Decision-making leader behavior is most important.
Which of these statements about consumer demand as a pricing constraint is most accurate?
A. The number of potential buyers for the product class has little effect on the price a seller can charge. B. The number of potential buyers generally affects the price a seller can charge. C. The number of potential buyers for the brand affects the price a seller can charge in the growth stage of a product life cycle, but not in the introductory stage. D. The number of potential buyers for the product affects the price a seller can charge, but only if the product is a luxury item. E. The number of potential buyers for the product affects the price a seller can charge, but only if the product is a necessity item.
The word "next" as a transition usually:
a. lets your listeners know you've moved from one main part to the next b. clearly serves as a major transition c. both of the above d. none of the above