To win a case based on strict liability against a producer, the plaintiff must show that the product was defective, that a defect in it caused it to be dangerous, and the defect was the proximate cause of the injury

a. True
b. False
Indicate whether the statement is true or false


True

Business

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

1. Performance goals are short-term goals that provide employees with frequent feedback about their performance. 2. Looking at expectancy theory, if the person believes a good effort will lead to high performance, expectancy is zero. 3. Expectancy theory describes motivation as a function of an individual’s beliefs concerning effort-to-performance relationships, work-outcome relationships, and desirability of various outcomes. 4. In expectancy theory, expectancy is the probability that good performance will lead to various outcomes.

Business

Leader-Member Exchange theory has to do with a leader’s relationship with individual followers. Which factor of Transformational Leadership is most similar to the notion of developing one-on-one relationships?

What will be an ideal response?

Business

Which of the following strategy is used to deal with uncertainity related to a specific event?

a. Hedging. b. Cost resturcturing. c. Insurance. d. Statistical analysis

Business

The first step in creating the master budget is the creation of the:

A) production budget. B) direct labor budget. C) cash budget. D) sales budget. E) budgeted income statement.

Business