Sales quotas, operating budgets, and production schedules are examples of traditional controls.

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


True

Traditional control systems include sales quotas, operating budgets, production schedules, and similar quantitative control mechanisms.

Business

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Predatory pricing is the practice of setting prices below cost for the purpose of eliminating unsold merchandise

Indicate whether the statement is true or false

Business

Prior probabilities are sometimes called likelihoods, the probabilities that are influenced by information about the outcome of an earlier uncertainty.

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

Business

Which of the following statements is true of an indorsement?

A. It generally does not make a person liable on the instrument even if he or she is engaged in any illegality affecting the instrument. B. It applies only to payments made to a depositary bank. C. It makes a person liable on an instrument indorsed by him or her if the person primarily liable on it does not pay it. D. It does not affect future attempts to negotiate the instrument.

Business

Which task role is associated with challenging group members’ ideas in a constructive manner?

a. recorder b. information-giver c. initiator–contributor d. orienter

Business