The maximum number of shares into which the company can be divided at any time is called:
a. issued stock
b. par stock
c. authorized stock
d. preferred stock
e. common stock
c. authorized stock
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The December 31, 2016, ending inventory failed to include $25,000 of inventory that was received on December 27, 2016. The purchase on account was, however, properly recorded on the date of delivery. What effect will this error have on the December 31, 2016, assets, liabilities, and net income for the year then ended? Assets Liabilities Net Income I. overstated overstated no effect II
understated understated no effect III. understated no effect understated IV. understated understated understated ? A) I B) II C) III D) IV
Jack and Diane are trying to decide which movie to attend. Jack loves action and adventure and Diane prefers sci-fi. Diane is prepared to hard sell her movie picks, but was pleasantly surprised when Jack told her “just pick it. Anything you want is fine with me.” Which conflict management strategy did Jack use?
A. collaboration B. accommodation C. compromise D. avoidance
How do the organizational outcomes of servant leadership differ from the individual and team outcomes?
a. They are based on group identification. b. They rely more on work engagement and self-efficacy. c. They are more culture based. d. They are more external and results oriented.
Skylark Sodas has been a market leader in the soft drink industry for several decades. However, its market research shows that consumer tastes have begun to shift to sugar-free flavored seltzer waters, a product that Skylark is capable of producing with minimal changes to its facilities and production processes. Based on your knowledge of the core competence-market matrix, which diversification strategy should Skylark pursue?
A. Redeploy and recombine existing core competencies to compete in markets of the future. B. Build new core competencies to protect and extend current market position. C. Leverage existing core competencies to improve current market position. D. Build new core competencies to create and compete in markets of the future.