In contrast to a team, a group is typified by a clear identity and a high level of commitment on the part of members
Indicate whether the statement is true or false
False
You might also like to view...
The group development stage in which individuals test the leader's policies and assumptions as they try to determine how they fit into the power structure is the ______ stage.
A. forming B. norming C. performing D. storming E. adjourning
______ exists when different groups of people have different scores designated as “passing” grades on a test for employment.
A. Race norming B. Reasonable accommodation C. Undue hardship D. Job relatedness
Mark's Markers, a manufacturer of white board markers, has required its dealers to charge a specified retail price for its markers. Mark's is most likely guilty of ________
A) captive pricing B) retail price maintenance C) price discrimination D) competitive pricing E) unfair price skimming
Acker Corporation acquires 30% of the outstanding voting common shares of the Insight Corporation for $600,000 . Packer Corporation acquires the investment in Insight Corporation by buying previously issued shares of Insight Corporation from other investors. Between the time of the acquisition and the end of Packer Corporation's next accounting period, Insight Corporation reports earnings of
$80,000; and pays a dividend of $30,000 to holders of its common stock. Insight Corporation reports earnings of $100,000 and pays dividends of $40,000 during the subsequent accounting period. Assume now that Packer Corporation sells one-fourth of its investment in Insight Corporation for $165,000 . The entry is as follows: a. Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 165,000 Investment in Stock of Insight Corporation. . . . . . . . . . . . . . . . . . . . . 158,250 Gain on Sale of Investment in Stock of Insight Corporation. . . . . . . . . . 6,750 b. Investment in Stock of Insight Corporation. . . . . . . . . . . . . . . 158,250 Gain on Sale of Investment in Stock of Insight Corporation. . . . 6,750 Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . .165,000 c. Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 165,000 Investment in Stock of Insight Corporation. . . . . . . . . . . . . . . . . . . . . 158,250 Equity in Earnings of Affiliate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,750 d. Investment in Stock of Insight Corporation. . . . . . . . . . . . . . . 158,250 Equity in Earnings of Affiliate . . . . . . . . . . . . . . . . . . . . . . . . . 6,750 Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .165,000 e. Investment in Stock of Insight Corporation. . . . . . . . . . . . . . . 158,250 Gain on Sale of Investment in Stock of Insight Corporation. . . . 6,750 Equity in Earnings of Affiliate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 165,000