Which of the following is a key benefit of studying theoretical perspectives on management?

A. They are effective cost-reduction tools.
B. They emphasize diversity.
C. They are effective synergy-building approaches.
D. They build a strong family-type culture.
E. They serve as a guide to action and a source of new ideas.


E. They serve as a guide to action and a source of new ideas.

Studying management theory provides an understanding of the present, a guide to action, a source of new ideas, clues to the meaning of your managers' decisions, clues to the meaning of outside events, and positive results.

Business

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Par value is the minimum cushion of capital established for the protection of

a. investors (stockholders). b. management. c. creditors. d. all of these.

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______ theories of leadership began as a search for the personality characteristics possessed by great leaders.

A. Skill variety B. Feedback C. Trait D. Autonomy

Business

Rachel agrees to sell Bill goods for $2,000 . The value of the goods accepted is $1,500 . If the goods had been as warranted, their value would have been $2,600 . What are the buyer's damages for breach of warranty?

a. $500. b. $600. c. $1,000. d. $1,100.

Business

Which of the following is a feature of the shakeout phase of the industry life cycle?

A. The mode of competition shifts from price to non-price in this stage. B. Market demand in this stage primarily consists of first-time adopters. C. There is rapid industry growth during this stage. D. Competitive intensity within the industry increases.

Business