Management is defined as the processes and behaviors used to motivate, inspire, and influence the behaviors of others

Indicate whether the statement is true or false.


Answer: FALSE
Explanation: This describes leadership. Management is the planning, organizing, leading, and controlling of an organization or a team of people.

Business

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Information on Shonda Company's factory overhead costs follows: Actual variable factory overhead $95,000 Actual fixed factory overhead $28,000 Standard hours allowed for actual production 30,000 Standard variable overhead rate per direct labor hour $3.25 Standard fixed overhead rate per direct labor hour $1.00 What is the net factory overhead variance?

a. $4,500 unfavorable b. $4,500 favorable c. $2,500 unfavorable d. $2,500 favorable

Business

Which of the following statements is true of a partially disclosed principal?

A) It refers to a person whose identity is not known to a third party, though the third party does know that an agent represents a principal. B) When a principal is partially disclosed, an agent does not have the authority to act. C) When a principal is partially disclosed, an agent has the authority to act, but the principal is not liable. D) It refers to a person whose identity is known only to a third party and an agent at the time of the agreement.

Business

The viewer of an OLAP report can change its format. Which term implies this capability?

A. online B. processing C. alteration D. analytical E. dimension

Business

Memorial Hermann Hospital decides to redo its kitchen with new flooring, cabinets, counters, and appliances. The hospital compiles a description of the project and then asks sellers to submit bids. After determining the most attractive bids, the hospital will then work with two or three companies to determine who will get the contract. This is an example of using ____ for a purchase decision.

A. sampling B. negotiation C. inspection D. elimination E. description

Business