At work, Jenna always volunteers to help others on their projects. But, she really resents the extra work and constantly complains to her friends that she is doing everyone else's job. Jenna is not ________; she needs to be more self-aware of what she takes on.
A. authentic
B. a leader
C. fake
D. credible
E. objective
Answer: A
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Herbie Inc., a firm manufacturing sandwich makers, has fixed costs of $250,000, variable costs of $20 per unit of output, and expected unit sales of 50,000 units. What is the unit cost of a sandwich maker manufactured by Herbie?
A) $15 B) $25 C) $30 D) $50 E) $75
In negotiations, the walk-away point that represents the lowest offer a party would be willing to accept is known as the ________
A) reservation value B) best alternative C) peak price point D) price objection E) zone of possible agreement
A free exchange of information helps organizations
A) respond rapidly to changing markets. B) build employee morale. C) serve the public. D) do all of these (respond rapidly to changing markets, build employee morale, serve the public).
Answer the following statement(s) true (T) or false (F)
1. With enough online resources to access most corners of the world, almost anybody can be a leader, with or without formal authority, given the right skills and a strong initiative. 2. Informal leaders must act in the best interests of the organization and have certain rights and privileges that allow them to reward or discipline employees. 3. Management and leadership mean the same thing. 4. One could argue that Steve Jobs was a visionary type of leader. 5. Trait leadership perspective theory assumes effective leaders are born, not made.