Margaret has joined an insurance firm as a trainee and works with the data analytics team. Though good at her work, she lacks mathematical skills and is not well-versed with computers. In setting her goals during a performance review meeting with her manager, she states, "I need to improve my miserable computer skills and my limited ability in math." Which of the following key behaviors for effective goal setting is Margaret lacking?
A. Being positive
B. Starting small
C. Taking full responsibility
D. Being realistic
Answer: A
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Effective and efficient supply chain management systems can enable an organization to decrease the power of its buyers.
Answer the following statement true (T) or false (F)
Michael received a professional baseball contract paying $7,000,000 per year for 5 years, Bert received a two-year contract for $16,000,000 per year. For purposes of calculations, treat these contracts as ordinary annuities
Who's contract has a greater present value if we assume a discount rate of 6%? A) Bert = $29,334,283 B) Michael = $29,486,547 C) Bert = $39,459651 D) Michael = $39, 743,196
The estimates used to calculate the predetermined overhead rate will virtually always:
A. result in overapplied overhead that is closed to Cost of Goods Sold if it is immaterial in amount. B. prove to be correct. C. result in a year-end balance of zero in the Manufacturing Overhead account. D. result in underapplied overhead that is closed to Cost of Goods Sold if it is immaterial in amount. E. result in either underapplied or overapplied overhead that is closed to Cost of Goods Sold if it is immaterial in amount.
Which of the following is NOT an example of a service business?
A. Department store B. Hotel C. Paper mill D. Bank E. Amusement park