Name the five major traits identified in the Northouse text as those centrally associated with leadership.
What will be an ideal response?
Intelligence, Self-Confidence, Determination, Integrity, Sociability Cognitive Domain: Knowledge
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In emailing a vendor for an update on the ship date of your order, what elements should you include in the closing of your request?
What will be an ideal response?
Stephenson Company is trying to decide which one of two contracts it will accept. The costs and revenues associated with each are listed below: Contract X Contract ZContract Revenue$200,000 $260,000 Materials 10,000 10,000 Labor 88,000 120,000 Depreciation on Equipment 8,000 10,000 Cost Incurred for Consulting Advice 1,500 1,500 Allocated Portion of Overhead 5,000 3,000 The equipment was purchased last year and has no resale value. Which of these amounts is relevant for the selection of one contract over another?
A. Materials, consulting advice and allocated overhead B. Contract revenue, labor costs and depreciation on equipment C. Cost of consulting advice and allocated overhead D. Contract revenue and labor costs
Backflush costing aims at decreasing waste in the production process
Indicate whether the statement is true or false
An investment is acceptable if the payback period:
A) is less than some pre-specified period of time. B) exceeds the life of the investment. C) is negative. D) is equal to or greater than some pre-specified period of time. E) is equal to, and only if it is equal to, the investment's life.