To be effective, teams must have enough power and authority to accomplish its task and implement its ideas.

a. true
b. false


a. true

Business

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The Holmes Company purchased a building for $75,000 in cash. What is the effect on current assets?

a. Increase in current assets b. Decrease in current assets c. No effect on current assets d. Unable to determine

Business

Jill, a Product Manager for Nike, is responsible for evaluating the viability of a radically new product. How should she estimate demand?

What will be an ideal response?

Business

The sales and profits of an individual brand always follow the life-cycle pattern.

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

Business

Solange, a department manager at LeClerc Sportswear, uses a style of decision-making that focuses on using the skills, experiences, and ideas of others. The final decision-making power is with Solange. However, she does not make major decisions without getting inputs from those that will be affected. It can be said that she uses the ________ style of leader decision making.

A. transactional B. autocratic C. consultative D. facilitative E. participative

Business