The forgoing of possible benefits is measured through _____

a. zero-based budgeting
b. top-down budgeting
c. opportunity costs
d. bottom-up budgeting


c

Business

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Provide an example of a leverageable advantage

What will be an ideal response?

Business

The primary functions of management are ______.

A. planning, organizing, staffing, and controlling B. forming, storming, norming, and reforming C. building, breaking down, rebuilding, and maintaining D. ruling, listening, adapting, and adjusting

Business

Culture plays a significant role in the disciplines of

A. leadership, accounting, finance, marketing, human resources, and production. B. all foreign businesses but not businesses of the home country. C. marketing and human resources, but not production, finance, and accounting. D. marketing, but not finance, because it is quantitative.

Business

Chandra and Jim are managers at XYX Company. They each manage 10 people. Chandra manages primarily by threatening her employees that their pay will be docked if they don’t meet their sales quotas set by the company. Jim, on the other hand, manages his employees to meet the sales quotas by treating them with respect and helping them overcome any obstacles in their daily work. According to the text, which manager should be more effective?

a. Chandra because psychology research shows that coercive power is effective b. Jim because the psychology research shows that social intelligence is the key to effective managerial success c. Both Chandra and Jim because they both have legitimate power d. Chandra because she demonstrates superleadership skills

Business