Which of the following is more likely to lead to underspending or overspending?

A. Competition-matching approach
B. Arbitrary approach
C. Objective-and-task approach
D. Percent-of-profit approach
E. Objective-and-sales approach


Answer: B

Business

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Jed and Abby are local real estate developers who want to build a new office park on a piece of forested land that is home to many spotted owls, an endangered species. The office park is expected to bring new companies and jobs to the area. Robert is an environmentalist and is particularly fond of the owls. He wants to see them thrive and opposes Jed and Abby's plan to develop the owls' natural habitat. Is there anything that Robert can do to stop construction?

What will be an ideal response?

Business

The entry to close Cost of Goods Sold includes

a. debiting Income Summary and crediting Cost of Goods Sold; b. debiting Cost of Goods Sold and crediting Income Summary; c. debiting Retained Earnings and crediting Cost of Goods Sold; d. debiting Cost of Goods Sold and crediting Retained Earnings; e. debiting Sales and crediting Cost of Goods Sold

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Challenging followers to perform work at the highest levels possible is an example of which leadership behavior?

A. supportive B. directive C. participative D. achievement oriented

Business

Moby negotiates a contract with Nora via e-mail. It is reasonable to infer that Moby has consented to

a. transact business electronically. b. submit to the jurisdiction of any selected forum. c. respond to any message sent to that e-mail address. d. nothing.

Business