You know that you are on the way to peak performance when you
A) are beginning to feel some fatigue from the task.
B) receive the coaching that you need to perform well.
C) engage in multitasking.
D) totally focus on what you are doing.
Answer: D
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Trust is based on _______, which can be enhanced by showing professionalism, technical ability, and good business sense.
A. cooperation B. cohesiveness C. unity D. honesty E. credibility
Which of the following statement concerning Treasury bonds is true?
A) They are priced and sold at auction. B) Interest accumulates and is paid out at maturity. C) They are more risky than comparable maturity private bonds. D) They have higher rates than comparable municipal bonds.
Claire opened Claire's Beauty Parlor in her home. She solicited funds to begin the business from Jack, who believed that the business was incorporated. Claire had, in fact, never filed the papers. One day, Claire fell asleep while giving a customer a perm and the solution caused her customer severe burns. The customer sued the Beauty Parlor for $500,000, an amount enormously in excess of the
business assets. Under the Revised Model Act, what would be the result? a. Claire and Jack would not be personally liable. b. Claire would not be personally liable, but Jack would. c. Jack would not be personally liable, but Claire would. d. Both would be personally liable since there was no corporation formed.
Which one of the following statements is TRUE?
A. A manager not closing a factory that is losing money but which is in his hometown is an example of a manager-shareholder conflict. B. Management is said to be entrenched when the senior managers are consuming excessive perquisites C. A company's matching contribution to a retirement plan is a nonpecuniary benefit. D. Company sponsorship of a local charity is an example of a nonpecuniary benefit. E. A manager/shareholder agency conflict arises when shareholders sell their stock even though management says the stock is undervalued.