"Lateral leadership" is exemplified by a median style of leadership, halfway between the extremes of doing nothing or taking charge and bossing others.

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


True

"Lateral leadership" avoids the extremes of doing nothing or taking charge and bossing others.

Business

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

1.In the post-World War II era, nontariff trade barriers have decreased in importance relative to tariff barriers. 2.An import quota is a physical restriction on the quantity of goods that may be imported during a specified time period. 3.Today most industrial countries protect their industries via global import quotas rather than selective import quotas. 4.A global import quota permits a specified number of goods to be imported each year, but does NOT specify where the product is shipped from and who is permitted to import. 5.Import tariffs and import quotas yield identical protection effects, consumption effects, redistribution effects, and revenue effects.

Business

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

1. Unit cost per service is calculated by dividing total costs by the total number of services provided. 2. Knowing the unit cost per item helps managers set appropriate selling prices. 3. If a merchandising company determines that the unit cost to purchase a product is less than the unit cost to manufacture the product, the company should make a decision to begin manufacturing the product 4. The primary activity of manufacturing companies is to purchase goods from a wholesaler and resell them.

Business

Fewer children are interested in learning how to play a musical instrument, and young people having less interest in owning cars. These two trends are examples of ____ forces at work.

A. diversity B. financial C. political D. sociocultural E. legal

Business

Graham Company has 15,000 units in inventory that had a production cost of $3 per unit. These units cannot be sold through normal channels due to a significant technology change. These units could be reworked at a total cost of $23,000 and sold for $28,000 . Another alternative is to sell the units to a junk dealer for $8,500 . The relevant cost for Graham to consider in making its decision is

a. $45,000 of original product costs. b. $23,000 for reworking the units. c. $68,000 for reworking the units. d. $28,000 for selling the units to the junk dealer.

Business