Spencer, age 18 and of sound mind, has the legal capacity to contract

Indicate whether the statement is true or false


True

Business

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Answer the following statements true (T) or false (F)

1. Mumford’s skills model of leadership was designed to determine the competencies needed for effective leader performance. 2. Technical skills grow in importance as one moves up the managerial hierarchy. 3. According to Katz’s three skill model, human skills are important at all levels of management. 4. Mumford's research studied military personnel rather than business leaders. 5. The skills approach suggests that many individuals have the potential for leadership.

Business

A ________ occurs when the merchant provides a signed assurance that the offer will remain open for a specified period of time

Fill in the blanks with correct word

Business

Negotiators from which nations signed the North American Free Trade Agreement in 1992?

A) The United States, Canada, Mexico, Guatemala, and Panama B) The United States, Canada, and Mexico C) The United States, Mexico, and Panama D) The United States and Mexico E) The United States and Canada

Business

If the manufacturing lead time of an item is reduced by 50%, the work in process inventory:

A) is reduced by approximately 50%. B) is reduced by approximately 70%. C) does not change. D) More information is needed for this problem.

Business