Each member is asked the same question in relation to a work issue and requested to write as many answers as possible. Answers are read aloud and recorded for discussion. Then the ideas are put to the vote. No criticism or judgment of any ideas is allowed. This describes which type of team decision- making?
a. Nominal group technique
b. Delphi technique
c. Intuitive technique
d. Rational decision-making technique
a. Nominal group technique
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______ advantage exists when an entrepreneur is able to offer a product or service with unique customer value before competitors do so.
a. First to market b. First-mover c. Market-leader d. Innovator
During a presentation, a speaker should:
a. stay on the speaker's side of the "glass wall" b. plan to do all the talking while the audience does all the listening c. both of the above d. none of the above
Solvency ratios are used to analyze the long-term debt-paying ability and the composition of the financing structure of the firm.
Answer the following statement true (T) or false (F)
Early Co. offers its employees a bonus equal to 2% of the company's net income. The estimated net income for the year is expected to be $800,000. Prepare the general journal entry to record the estimated employee bonus plan expense.
What will be an ideal response?