Fatima has a deep concern for the welfare of her subordinates, and she promotes interactive discussions with them. Fatima can be described as a manager who scores high on
A. managerial control.
B. consideration.
C. initiating structure.
D. discipline.
E. autocratic leadership.
Answer: B
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Under the revised Model Business Corporation Act (MBCA), who will be liable for the business debts if the business has been defectively incorporated?
What will be an ideal response?
Ruby Dean, a fashion designer ordered 100 bales of cotton from Gemini Distributors, a noted textile dealer
Prior to agreeing upon the purchase price and the other terms of the sale, Ruby visited Gemini's warehouse and inspected the cotton but failed to notice a defect in the material that would make it unusable. Upon delivery of the cotton, Ruby noticed the defect and refused to accept and pay for the goods. Which of the following statements is TRUE? A) Gemini has breached a condition of the contract. B) Having taking advantage of the opportunity to inspect the goods, Ruby must pay for the goods. C) Ruby can legally refuse to accept and pay for the goods as Gemini had a duty to supply useable goods. D) Ruby can cancel the contract owing to the defect in the goods. E) Gemini has breached a warranty of the contract.
A supply chain
A. focuses on procuring materials needed for production, so its main weakness is that it ignores customer needs. B. requires skill in coordinating activities among different firms, which has prompted many firms to seek help from outside experts. C. concerns only direct relationships between producers, while a channel of distribution may involve intermediaries. D. is most effective when the objectives of the manufacturer at the beginning of the chain guide the activities of all other firms in the chain. E. is part of a broader network of relationships called a channel of distribution.
Explain why, in a fixed-rate mortgage, the amount of the mortgage payment applied to interest declines over time, while the amount applied to the repayment of principal increases
What will be an ideal response?