How has the relationship between manufacturers and retailers changed?
What will be an ideal response?
Manufacturers used to dominate the supply chain, producing what they could or wanted to and then offering them to retailers. Today, the largest retailers, firms like Walmart and Carrefour, dictate to their suppliers what should be made, how it should be configured, when it should be delivered, and to some extent what it should cost.
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When a follower attempts to push responsibilities (that he or she has been given) back to the leader, this is called ______.
a. managing up b. delegating up c. effective d. intelligent followership
Each day of the week you meet with your direct supervisor and your coworkers for a morning meeting. The meeting is open-forum and issues, goals, topics, and ideas are all discussed at the meeting, during which the supervisor responds when able and asks for feedback often. This is an example of ______.
A. authority compliance management B. team management C. country club management D. middle-of-the-road management
Commas separate long ____________ and clauses from the main body of a sentence
a. subheadings b. titles c. introductory phrases d. mathematical expressions
Heston and Burton, CPAs, currently work a five-day week. They estimate that net income for the firm would increase by $45,000 annually if they worked an additional day each month. The cost associated with the decision to continue the practice of a five-day work week is an example of:
A) differential revenue B) sunk cost C) differential income D) opportunity cost