Service industry groups are categorized generally into two groups, those that provide transaction brokering and those that involve:

A) retailing goods.
B) personalization.
C) information brokering.
D) providing hands-on services.


D

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Arif is the leader of a small group of human resources professionals. Two of the staff members, Nina and Bohan, disagree about the leadership traits that Arif displays in their work situation. This disagreement describes which of the main criticisms of the trait approach?

A. high subjectivity B. century of research C. lack of leadership emergence D. usefulness in training and development

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Orlando opened a hot dog stand in Brooklyn, doing business as Orlando's Red Hots. Unfortunately, the venture has not generated a profit. Orlando borrowed $5,000 from the bank to open his business, and the short-term loan is now due. Orlando's friend Bob has suggested partnering with him at the beginning of next year. From which of the following sources can the bank currently recover its $5,000?

A. Orlando's secondary lender B. Orlando's savings account C. Orlando's family D. Bob, Orlando's prospective business partner

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On January 3, Cara wrote to SunTime Mfg. asking for shipment of 100 swimsuits on 90-day credit. In the letter, she gave references that indicated that her store was financially sound. Actually she had bills that she could not pay and hoped to turn the business around with the summer swimsuit sales. SunTime ships the suits on March 1; they are received March 15. Cara immediately puts them on

display and seven are sold by March 20 when SunTime discovers that Cara has lied. SunTime may: A) recover 93 suits plus incidental damages. B) recover 100 suits provided that SunTime acts in ten days from the delivery date. C) recover no suits since it has been ten days since the suits were shipped. D) recover 93 suits.

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As the owner of a business, Rodrigo needs fire insurance. His building is worth $984,000 and the contents are valued at $800,500. His agent placed the building in structural classification D and area rating 1. Use Table 19-4 in your text to calculate Rodrigo's total premium.

A. $8,005.00 B. $8172.00 C. $8,642.60 D. $8,760.30

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