Which of the following stages of team development is often NOT experienced, even in long-term teams?

a. Storming
b. Performing
c. Norming
d. Brainstorming


B

Business

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High Meadow Mfg. Co. sold its product through wholesalers and retailers-allowing the wholesalers a markup of 25 percent and retailers a markup of 40 percent. If the retail selling price is $100 and the manufacturer's cost is $30, what markup-in dollars-did High Meadow receive on the sale of this product?

A. $10.00 B. $5.00 C. $20.00 D. $15.00 E. $13.50

Business

Select the incorrect statement from the following.

A. In highly automated environments where companies produce many different products with varying levels of production, activity-based cost drivers are superior to volume-based drivers. B. If overhead costs are allocated based on activities, the amount of overhead allocated to a particular product can be reduced by increasing the number of activities required by the product, thereby spreading the overhead costs over more units. C. Activity-based cost drivers produce a better cost allocation than volume-based drivers because they distribute only relevant costs to the appropriate products. D. Activity costs are considered relevant for decision-making because the cost of an activity will be avoided if the activity is eliminated.

Business

The first step in combating bullying is to document the event in writing, particularly if the bully is your boss.

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

Business

A stakeholder is someone with a share or interest in a business enterprise.

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

Business