Members' roles are defined during the prenegotiation stage into one of three types. One type of role is the task role. What does the task role do? What are the other two roles and what do they accomplish?
What will be an ideal response?
Task roles move the group along toward a decision or conclusion. The other two roles are relationship roles, which manage and sustain good relationships between group members, and self-oriented roles, which bring attention to the individual group member, often at the expense of group effectiveness.
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A ________ is the basic unit of analysis for making merchandise management decisions.
A. merchandise group B. department C. stock-keeping unit D. merchandise category E. classification
Zahra agreed to act as surety for a loan taken by her son, Rudo, from the Third National Bank. The terms of the loan provided that Rudo would pay the loan off in 12 monthly installments at 10 percent. If Rudo renegotiates the terms of the loan with the bank without Zahra's knowledge and is now obligated to pay the loan off in 12 monthly installments at 9 percent, which of the following statements is true?
A. Zahra must notify the bank in writing that she no longer wishes to act as surety in order to avoid liability under the new terms. B. Zahra is no longer obligated because her responsibilities as a surety cannot be changed without her consent. C. Renegotiation of the note by Rudo does not relieve Zahra of liability as surety because the new terms are more favorable than the original terms. D. Zahra must notify Rudo in writing that she no longer wishes to act as surety in order to avoid liability under the new terms.
If a management accountant gives information about a future merger of his or her company to a relative, the accountant has acted ethically
Indicate whether the statement is true or false
When comparing two different investment alternatives of different sizes, which of the following measures for each alternative would be the best to use?
A) Return on investment B) Residual income C) Net income D) Contribution margin ratio