Using the Table 3.1, describe the importance of having a team with all four behavior styles represented. Describe the benefits each style brings to a work team.

What will be an ideal response?


Teams that are missing one or more behavior styles can be risk-averse, lost in data, overly conversant, and lost in the minutae.

Business

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Several events are listed below. Indicate whether each event is an external event that should be recorded as a transaction, an internal event which should be recorded as a transaction, or an event which should not be recorded. Use the following identification codes for your answers E - External event to be recorded as a transaction I - Internal event to be recorded as a transaction NR - An event

which should NOT be recorded _____ A) An order is placed with a supplier for merchandise. _____ B) Common stock is issued to investors. _____ C) Cash sales are made. _____ D) Raw materials are entered into production. _____ E) Federal income tax returns are prepared by the company's accountant. _____ F) Bills are received for utility expenses. _____ G) Payment is received from customers to whom merchandise had been sold on credit. _____ H) Money collected from cash and credit customers is deposited in the company's checking account at a local bank. Fill in the blank(s) with correct word

Business

Coupon programs provide competitive advantage

Indicate whether the statement is true or false

Business

Royer Corporation engaged in this transaction: Repaid 90-day note payable. Indicate which section, if any, the above transaction would appear in, or relate to, on a statement of cash flows

a. Financing activities section b. Schedule of noncash investing and financing transactions c. Operating activities section d. Investing activities section

Business

Market opportunities are areas where the company believes that customer needs and opportunities are being satisfied.

Answer the following statement true (T) or false (F)

Business