Mark Carroll believes in having the members of his team involved in the decision-making process as much as possible. He has brought a recent college graduate onto his team. After observing this new team member for several months, he has seen that he is very knowledgeable and skilled in his area. However, Mark has also observed that this recent graduate is still unsure of his own skills. According to Hersey/Blanchard, the best style to use with this new team member would be ______.
a. directive
b. consultative
c. facilitative
d. delegative
c. facilitative
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Auditors are concerned with the addresses provided for customers in the confirmation of accounts receivable because of which of the following reasons?
a. Confirmations are selected based upon zip codes. b. A P.O. Box is more reliable than a street address. c. Confirmations should be sent only to business addresses and not residential. d. The address may be routed to the client for retrieval and fraudulent signing.
Benson Company received cash of $1,000,000 from issuing common stock at par value. As a result of this transaction, the company's debt-to-equity ratio will:
A. Decrease. B. Remain the same. C. Increase. D. Cannot be determined.
Once a company has decided to enter the global marketplace, it must select a means of market entry. Four general options exist: (1) exporting; (2) licensing; (3) ________; and (4) direct investment.
A. cooperative B. joint venture C. mutual investment D. multiparty initiative E. franchising
The degree of financial leverage is defined as:
A) the percent change in EBIT over the percent change in sales B) the percent change in EPS over the percent change in EBIT C) the percent change in EPS over the percent change in sales D) the percent change in EBIT over the percent change in EPS E) the percent change in sales over the percent change in EPS