Which of the following is NOT a characteristic of effective groups?

a. Members have common goals.
b. Members are flexible in the roles they assume.
c. Members establish norms for behavior and expectations.
d. Members compete for the leadership position.


D

Business

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In an inflationary environment, the use of which of the following cost flow methods would result in the least tax liability for the firm in the current period?

a. LIFO b. Weighted average cost c. FIFO d. Moving average cost

Business

Most employers should recognize that alcoholism is a

A. disease. B. personal problem. C. character flaw. D. predominantly blue-collar problem.

Business

One danger of starting a proprietorship is that you may be exposed to personal liability if the business goes bankrupt. This problem would be avoided if you formed a corporation to operate the business.

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

Business

With respect to the six competencies summarized by the human development and leadership division of the American society for quality, which of the following competencies in a leader involves creating shared meaning and providing direction towards a vision, mission, goal or end-result?

a. Navigator b. Builder c. Communicator d. Learner

Business