Which of the following qualities is common to both effective leaders and effective followers and is necessary for organizational success?

A. Critical thinking
B. Openness to experience
C. Narcissism
D. Extraversion


Answer: A

Business

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Breaking all the conventional norms, Selfridge opened his department store just off Oxford Street. The changes incorporated include all of the following except:

A) perfume and fragrance were moved to the front in order to avoid any horse dung odors. B) goods were put within reach of the customers. C) goods were kept behind counters and were available by asking store clerks. D) customers always came first. E) early bird specials were offered.

Business

Which of the following statements is true of privity of contract?

A. In most cases, the manufacturer does not have control over the condition of the product when it reaches the buyer's hands and should not be held liable for any defects in it. B. In most states, the buyer is permitted to sue both the retailer and the manufacturer in the same suit. C. In the past, a person was not required to be in privity of contract to enforce the contract. D. In the past, courts allowed an injured purchaser to recover directly from the manufacturer of the goods.

Business

Define consumerism and environmentalism

What will be an ideal response?

Business

Which of the following statements with regard to the economic production quantity (EPQ) model is FALSE?

a. It was developed in 1918. b. The EOQ model is based on the EPQ model. c. It assumes that the company will produce the items. d. It assumes that lead time is known and is constant.

Business