A group has achieved synergy when
A) all members agree on a course of action.
B) each member agrees with a problem solution.
C) members are solving problems at an above-average rate.
D) the total output exceeds the sum of individual contributions.
Answer: D
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Answer the following statements true (T) or false (F)
1. Among cultural patterns of which one should be aware is the importance of making direct eye contact most of the time with Japanese businesspeople. 2. Globalization is defined as the elimination of all trade barriers worldwide. 3. Great communications systems have been a hallmark of great civilizations. 4. Air travel and electronic media have made the global village phenomenon possible.
Jones operates an upscale restaurant and he pays experienced cooks $35,000 per year. This year he hired his son as an apprentice cook. Jones agreed to pay his son $40,000 per year. Which of the following is a true statement about this transaction?
A. Jones will be allowed to accrue $40,000 only if he pays his son in cash. B. Jones will be allowed to deduct $40,000 only if his son eventually develops into an expert cook. C. Jones will be allowed to deduct $35,000 as compensation and another $5,000 can be deducted as an employee gift. D. Jones is not entitled to any business deduction until the son is an experienced cook. E. None of the choices are true.
Corporate powers granted by the RMBCA include all but which of the following?
a. To establish profit-sharing plans and other employee benefit plans. b. To make charitable donations. c. To be considered a person under the Fourth Amendment's search and seizures clause and the Fifth Amendment's self-incrimination clause. d. To borrow and lend money.
Samantha occupies a house on her mother Ruth's farm without paying rent. Either party can terminate this arrangement without notice. This is A) a periodic tenancy
B) a tenancy at sufferance. C) a tenancy at will. D) no tenancy.