Groups that make it through storming generally do so because
A. they develop groupthink.
B. someone wins the political battle and dominates the group.
C. the work gets done.
D. a respected member other than the leader challenges the group to resolve power struggles.
E. the focus generally is on social loafing.
D. a respected member other than the leader challenges the group to resolve power struggles.
Groups that make it through storming generally do so because a respected member other than the leader challenges the group to resolve its power struggles so something can be accomplished.
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What is the revenue recognition principle? Are there any exceptions to this rule? If so, what are they? If not, explain why
Analysts use the quick ratio (also known as the acid test ratio) and the current ratio. The use of both ratios has become common because
A) the quick ratio is much easier to compute than the current ratio. B) interpretation of the current ratio is more difficult because of its complexity. C) the acid test is a more severe test of a company's liquidity. D) the acid test a better measure of management's effectiveness.
Explain the right of subrogation.
What will be an ideal response?
F. Marston, Inc. has developed a forecasting model to estimate its AFN for the upcoming year. All else being equal, which of the following factors is most likely to lead to an increase of the additional funds needed (AFN)?
A. A switch to a just-in-time inventory system and outsourcing production. B. The company reduces its dividend payout ratio. C. The company switches its materials purchases to a supplier that offers a longer credit period (with all other terms held equal). D. The company discovers that it has excess capacity in its fixed assets. E. A sharp increase in its forecasted sales.