Which of the following is the best reason that you should submit your business plan idea to your instructor as early as possible?
A. to eliminate wasted effort on unfeasible ideas
B. to get feedback on ways to improve your idea
C. to request your instructor's help in researching your idea
D. to pique your instructor's interest in your idea
E. to make sure your idea is completely different from what other students are doing
Answer: A
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Which group development stage is described as the period in which team members resolve the conflict and begin to work well together and become more cohesive?
A. adjourning B. storming C. norming D. performing
Which of the following is not a mechanism for leading and shaping culture?
a. day-to-day leader actions b. providing employees with autonomy c. social activities and ceremonies d. a carefully aligned reward system
Fourlotts Inc. is a renowned technological firm. It manages many strategic business units (SBUs) in which each SBU:
A. has its own return on investment. B. shares the same goals and employs the same strategies as Fourlotts Inc. C. plans collaboratively with Fourlotts Inc.'s other SBUs. D. refrains from performing manufacturing functions.
What equals the income tax expense divided by financial reporting income before income taxes?
a. marginal tax rate b. effective tax rate c. tax burden rate d. statutory rate e. average tax rate