Which of the following is a characteristic of people who are referred to as professionals?
A) They have immunity from tort (specifically, malpractice) liability.
B) They are entitled to a minimum wage that is higher than the average.
C) They belong to a formal association or group that functions only through online communication.
D) They have a set of written ethical standards that is continually enforced by the group.
D
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Robert has worked for his company for many years. He is often asked to lead team projects. Recently, the leader of a team that was working on an important project resigned from the company, and Robert was assigned to take over this team. After several weeks, Robert felt that several of the team members were not effective. As a result, Robert removed them from this team and replaced them with people that he had worked with on previous team projects. What stage of team development is Robert’s team now in?
a. forming b. storming c. norming d. performing
For a bank, loans are not earning assets
Indicate whether the statement is true or false
A quick ratio that is about equal to the current ratio indicates that
A) inventories represent a large portion of current assets. B) the company has a low inventory turnover. C) inventories represent a small portion of current assets. D) the company has a high inventory turnover.
Which of the following courses of action is best suited for a company in the event of the
economy entering a recession? A) arranging for a backup partner B) investigating new markets C) predicting a competitor's target market D) conducting a competitive analysis