Which of the following gives employees the authority to make decisions that apply to their specific areas of work?
A) coaching
B) employee empowerment
C) collaboration
D) mentoring
E) culture
Answer: B
Explanation: After the overall strategic direction and priorities are in place, laissez-faire leaders emphasize employee empowerment-giving employees the power to make decisions that apply to their specific aspects of work.
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Indicate whether the statement is true or false
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a. are set by management for one period at a time. b. cannot be changed in the short run. c. are determined when capital investment is undertaken. d. always varies with sales.
If the accounts receivable turnover is 50 days, what is the account receivable turnover ratio?
A) 6.64 times B) 7.30 times C) 3.65 times D) None of these
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A) sole proprietorship B) limited liability corporation C) domestic LLLP D) general partnership