A study conducted in a manufacturing setting examined the effects of initiating structure and consideration on follower stress levels. It found that:
a. initiating structure reduced follower stress by reducing role ambiguity and conflict, providing useful rules, and so forth
b. surprisingly, consideration had no beneficial effects on stress levels
c. initiating structure on average increased follower stress levels
d. both “a” and “b”
a. initiating structure reduced follower stress by reducing role ambiguity and conflict, providing useful rules, and so forth
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Perfection Company had cost of goods sold of $853,000, ending inventory of $70,500, and average inventory of $71,600. Its inventory turnover equals:
A. 14.0. B. 11.9. C. 1.0. D. 6.0. E. 30.6.
The basis for applying strict liability is an intentional wrongful act.
Answer the following statement true (T) or false (F)
Businesses adopt and identify target markets for their products to:
A. coerce people into buying products they do not need. B. maximize the impact of the cost of marketing. C. adopt consumer-friendly pricing strategies such as price skimming for new products. D. collect information from the external marketing environment.
Company goals describe where you want your business to be at some future date
Indicate whether the statement is true or false