___________ is a process whereby people intentionally influence their thinking and behavior to achieve their objectives.
a. Shared leadership
b. Transformational leadership
c. Self-leadership
d. Empowering leadership
c. Self-leadership
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A level of competition that includes all products or services that the customer views as fulfilling the need requiring satisfaction on a particular purchase or use occasion is known as budget competition
Indicate whether the statement is true or false
The ________ is the price of a nation's currency in terms of another currency
A) expropriation B) standard of living C) import quota D) tariff E) foreign exchange rate
Lester Company purchases a piece of equipment on Jan. 2, 2010, for $30,000 . The equipment has an estimated life of eight years or 50,000 units of production and an estimated residual value of $3,000 . Lester uses a calendar fiscal year. The entry to record the amount of depreciation for 2010, using the double-declining-balance method, is:
a. Depreciation Expense– Equipment 4,500 Cash 4,500 b. Cash 5,000 Accumulated Depreciation– Equipment 5,000 c. Depreciation Expense — Equipment 5,500 Accumulated Depreciation– Equipment 5,500 d. Depreciation Expense — Equipment 7,500 Accumulated Depreciation– Equipment 7,500
In a horizontal diversification strategy, growth:
A. occurs at the same level of the value-added chain. B. involves opportunities unrelated to the existing value-added chain. C. involves taking a step forward (down) the value added chain. D. involves taking a step back (up) the value-added chain.