Lower-level managers who possess technical skills tend to earn less credibility from their subordinates than comparable managers without technical know-how.
Answer the following statement true (T) or false (F)
False
Lower-level managers who possess technical skills earn more credibility from their subordinates than comparable managers without technical know-how. Thus, newer employees may want to become proficient in their technical area (e.g., human resources management or marketing) before accepting a position as team leader or frontline manager.
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Philosopher Norman Bowie rejected the economic view that managers are the agents of stockholder-owners and thus they also have a duty to further the interests of stockholders.
Answer the following statement true (T) or false (F)
In a ________ arrangement, a third party promises to be primarily liable with the borrower for the payment of the borrower's debt.
A. subrogation B. floating lien C. guaranty D. surety
If you were a treasurer for a Fortune 1,000 corporation who has responsibility for investing "excess
cash balances," which of the following alternatives would you be least likely to select? A) U.S. Treasury bills B) bankers' acceptances C) commercial paper D) common stock
What is the purpose of the appendices in a business plan?
A) to provide additional information that adds to the credibility of your business plan B) to summarize your business plan and to remind investors of the key points of the plan C) to provide a summary of the projected income that has not been adequately provided within the plan D) to provide key definitions for industry terms used in the plan as it will be read by non-industry experts E) to provide a clear and concise (abbreviated) form of the entire business plan