In order to constitute as a gift,

a. the donor must intend to transfer ownership of property within his or her lifetime.
b. the donee need not actually accept the gift.
c. the donor must deliver the gift property to the donee.
d. the donor may revoke the gift at any time.


c

Business

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Which of the following leadership theories emphasizes the specific relationship between the leader and each subordinate?

A. transformational leadership theory B. path-goal leadership theory C. situational leadership theory D. leader-member exchange theory

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A potential business owner needs to convey his or her business idea to a prospective investor or lender in ________ minutes.

A. 10 B. 5 C. 2 D. 12

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The pure selling approach in marketing is exclusively associated with tangible items.

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

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Which of the following represents the bullwhip effect?

A. Organizations know about employee events triggered downstream in the supply chain. B. Customers receive distorted product demand information regarding sales information. C. Distorted product-demand information ripples from one partner to the next throughout the supply chain. D. All areas up and down the supply chain can be viewed.

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