Legitimate, referent, and coercive are specific types of leadership
A. traits.
B. styles.
C. leverage.
D. transactions.
E. power.
Answer: E
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The formal planning model emphasizes a ________ approach.
A. left-right B. horizontal C. bottom-up D. top-down E. vertical
________ is the problem confronting the decision maker. It asks what the decision maker needs to do
A) The environmental context of the problem B) The management decision problem C) The marketing research problem D) Problem definition
Which of the following statements is a true statement with regard to the difference between equipment leasing and equipment rental?
A. Rental requires the use of the equipment for a specified length of time. B. Leasing frequently involves a contract specifying the length of time the lease may be in effect. C. Equipment obtained through a lease agreement can be returned without financial penalty. D. Equipment leasing and rental are synonymous.
Value Electronics uses a standard part in the manufacture of different types of radios
The total cost of producing 25,000 parts is $95,000, which includes fixed costs of $40,000 and variable costs of $55,000. The company can buy this part from an external supplier for $3 per unit and avoid 20% of the fixed costs. If Value Electronics decides to outsource the production of the part, how will it impact its operating income? A) Operating income increases by $12,000. B) Operating income decreases by $12,000. C) Operating income increases by $20,000. D) Operating income decreases by $20,000.