When groups are in the forming stage, they should focus more on _____ behaviors.
a. Social
b. Task
c. Both social and task
d. Role
a. Social
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Rally Auto Supplies uses a perpetual inventory system. Journalize the following sales transactions for this company. Explanations are not required
June 10 Sold $14,800 of merchandise on account, credit terms are 3/15, n/30 Cost of goods is $6,200. June 14 Received a $900 sales return from the customer. Cost of the goods is $400. June 23 Rally Auto Supplies receives payment for the customer for the amount due from the June 10 sale. What will be an ideal response
Zapata, a Texas Corporation, entered into a contract with Unterweser, a German corporation, to tow Zapata's drilling rig from Louisiana to Italy. A storm arose and Zapata told Unterweser to tow the rig into Tampa, Florida. Zapata immediately filed a lawsuit in Florida against Unterweser for damages to the rig. The original contract called for "Any dispute must be heard before the London Court of
Justice." The U.S. Supreme Court held that: A) Florida has jurisdiction since that is where the oil rig is now located. B) the case should be heard in Texas or Germany because that is where the parties are located. C) the forum-selection clause is contrary to public policy and will not be enforced; either Florida, Texas, or Germany would be the correct place to hear it. D) the parties must adhere to the forum-selection clause and have the case heard in London.
Price leaders
A. are sold at the highest possible price. B. maximize profits. C. lead to increased revenue or lower costs when prices are increased or decreased. D. are sometimes sold at less than cost in hopes that sales of other products will increase. E. lead the industry in sales.
You are starting a market research company with a single business partner and are planning the hardware and software need for the two of you. Which factors should play into your decision of how much to spend on these investments?
What will be an ideal response?