An important application of farsightedness for executive leaders is to:
a. study technological developments.
b. avoid being frustrated by the demands of group members and customers.
c. predict the direction of environmental forces.
d. memorize product information.
c
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Price standards are based on
A) the amount of input that should be used per unit of output. B) the amount that should be paid for the total quantity of input to be used. C) the amount that should be paid per unit of output. D) the amount that should be paid per unit of input purchased. E) none of these.
Which of the following is true of the Revised Uniform Partnership Act?
A) It does not provide protection for the limited liability partner. B) It has been adopted by all states of the United States. C) It stipulates that no two partners can have equal share of the profits. D) It states that a partnership need not dissolve just because a partner leaves.