Of the four leadership types, which one encourages their followers to share in the mission and expects them to commit to him or her as they work toward the desired goal?

A. directive
B. transactional
C. visionary
D. empowering


C. visionary

Business

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A freeze-out:

A. can be easily reversed in court. B. results in the minority shareholder having little influence in important corporate issues such as loss of employment. C. occurs mostly in S corporations. D. occurs when a majority shareholder is "frozen out" by the management regarding such issues as a reduction or elimination of dividends.

Business

The excess of divisional income from operations over a minimum amount of desired income from operations is termed the residual income

Indicate whether the statement is true or false

Business

The cash basis of accounting ignores ________

A) payables B) revenue C) cash D) expenses

Business

Value-chain analysis assumes that the basic economic purpose of a firm is to create value, and it is a useful framework for analyzing the strengths and weaknesses of the firm.

Answer the following statement true (T) or false (F)

Business