Which of the following statements is true?

a. Management is more important to an organization.
b. Leadership is more important to an organization.
c. Both management and leadership are necessary for an effective organization.
d. Neither one is necessary for an effective organization if there are informal leaders.


c. Both management and leadership are necessary for an effective organization.

Business

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Which of the following is a noncounterbalancing error?

A) accrued expenses not recognized at year-end B) accrued revenues that have not been collected or recognized at year-end C) depreciation expense overstated for the year D) prepaid expenses not recognized at year-end

Business

Varion Air offers its customers a complementary air ticket on the purchase of three business class tickets. Varion Air's strategy best represents the ____ element of its marketing mix

a. distribution b. place c. promotion d. product

Business

How have attitudes regarding sustainability changed in recent years? Provide at least one specific example of a firm adopting sustainability initiatives and the results of this adoption.

What will be an ideal response?

Business

Last year Sam earned $25,000 and received no bonus. This year he earned the same amount but

received a $2,000 bonus. What was the percentage change in his annual earnings? A) 8.00 B) -92.00 C) -11.20 D) 7.41

Business