Match each term with the correct statement below.
a. goal
b. objective
c. autocratic leadership
d. democratic leadership
e. laissez-faire leadership
f. planning
g. directing
h. organizing
1. What is a broadly stated guideline that an organization wants to achieve?
2. What is a specific goal that states what is to be achieved and when it will be achieved?
3. What is the managerial function that involves issuing directives, assignments, and instructions?
4. What is a close style of supervision in which the manager specifies exactly what is to be done?
5. If a manager consults with subordinates before making decisions, what leadership style is being utilized?
1. A) goal
2. B) objective
3. G) directing
4. C) autocratic leadership
5. D) democratic leadership
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If the employer pleads inability to pay, the union:? A) ?can demand a lockout
B) must make a good faith demand for financial information.? C) is entitled to petition the NLRB against the employer.? D) can legally conduct an economic strike.
What is extra inventory held in the event demand exceeds supply?
A. Safety inventory. B. Cycle inventory. C. Performance inventory. D. Capacity inventory.
Primary dimensions of diversity tend to be
a. more fixed b. more central to a person's self-identity. c. more changeable. d. both a & b.
Answer the following statements true (T) or false (F)
1. The free cash flow valuation model can be used to determine the value of an entire company as the present value of its expected free cash flows discounted at the firm's weighted average cost of capital. 2. The free cash flow valuation model is based on the same principle as the P/E valuation approach; that is, the value of a share of stock is the present value of future cash flows. 3. The free cash flow valuation model is based on the same principle as dividend valuation models; that is, the value of a share of stock is the present value of future cash flows. 4. In valuation of common stock, the price/earnings multiple approach usually produces higher valuations than the book or liquidation values since it considers expected earnings. 5. The common stock book value model ignores a firm's expected earnings potential and generally lacks any true relationship to the firm's value in the marketplace.