The role of informal leader can be every bit as important to a group's success as is that of the formal leader.
Answer the following statement true (T) or false (F)
True
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As firms introduce new products at a faster rate, what tends to happen to existing products in the product mix?
A. Production costs for existing products tend to go down. B. Product life cycles become much slower. C. The price of existing products tends to go up. D. Existing products enter the maturity and decline stages more slowly. E. Existing products enter the maturity and decline stages more quickly.
________ are the three types of attribute sets.
A. University, relatives, and expression B. Unanimity, rule, and express C. Urban, random, and exchange D. United, relations, and exploration E. Universal, retrieval, and evoked
On September 12, Ryan Company sold merchandise in the amount of $5,800 to Johnson Company, with credit terms of 2/10, n/30. The cost of the items sold is $4,000. Johnson uses the periodic inventory system and the net method of accounting for purchases. The journal entry that Johnson will make on September 12 is:
A.
| Merchandise inventory | 5,800 | |
| Accounts payable | 5,800 |
B.
| Accounts payable | 4,000 | |
| Merchandise inventory | 4,000 |
C.
| Purchases | 5,800 | |
| Accounts payable | 5,800 |
D.
| Merchandise inventory | 5,684 | |
| Accounts payable | 5,684 |
E.
| Purchases | 5,684 | |
| Accounts payable | 5,684 |
Michelle eventually finds a problem that has no cut-and-dry solution. The problem is unique and is unlikely to occur again. This problem is _____________in nature.
A. Structured. B. Nonprogrammed. C. Scheduled. D. Programmed