In general, leaders will be only as effective as the followers and teams they lead.
Answer the following statement true (T) or false (F)
True
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The formula for margin of safety is _____________________________________________
Fill in the blank(s) with correct word
For the venture capitalist, the executive summary is an important part of the business plan.
Answer the following statement true (T) or false (F)
Students arrive randomly at the help desk of the computer lab. There is only one service agent, and the time required for inquiry varies from student to student
Arrival rates have been found to follow the Poisson distribution, and the service times follow the negative exponential distribution. The average arrival rate is 12 students per hour, and the average service rate is 20 students per hour. On average, how long does it take to service each student? A) 1 minute B) 2 minutes C) 3 minutes D) 5 minutes E) 20 minutes
Which of the following actions would be likely to encourage a firm's managers to make decisions that are in the best interests of shareholders?
A. The percentage of executive compensation that comes in the form of cash is increased and the percentage coming from long-term stock options is reduced. B. The state legislature passes a law that makes it more difficult to successfully complete a hostile takeover. C. The percentage of the firm's stock that is held by institutional investors such as mutual funds, pension funds, and hedge funds rather than by small individual investors rises from 10% to 80%. D. The firm's founder, who is also president and chairman of the board, sells 90% of her shares. E. The firm's board of directors gives the firm's managers greater freedom to take whatever actions they think best without obtaining board approval.