A nonprofit chief executive officer (CEO) displays little commitment to the organization’s mission. According to Blake and Mouton, the CEO has what type of management style?

A. team
B. country club
C. impoverished
D. authority–obedience


C. impoverished

Business

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The component costs of capital are market-determined variables in the sense that they are based on investors' required returns.

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

Business

The capital expenditures budget summarizes the effects of investing activities on cash.

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

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Any invention requiring FDA approval has the term of its patent extended by the amount of time it takes the FDA to review the invention. 

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

Business

Fact Pattern 43-1BJordan and Kacy own and operate Safety Tables, a small-business enterprise that sells adjustable tables that allow workers to safely work with large, heavy, or oddly shaped objects. The enterprise does not pay taxes on its profits, but distributes them to Jordan and Kacy who pay taxes on these amounts as their individual income. Jordan and Kacy's personal liability for Safety Tables's debts and obligations is limited.Refer to Fact Pattern 43-1B. Safety Tables is

A. a corporation. B. a general partnership. C. a limited liability company. D. a sole proprietorship.

Business