The ________ approach downplays personal characteristics in favor of the actual conduct that leaders exhibit.
A. shared
B. situational
C. trait
D. behavioral
E. strategic
Answer: D
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The major advantage of matrix departmentalization is ______.
a. coordination b. unity of command c. decreased span of management d. flexibility
If the company purchased a $60,000 piece of equipment by paying $30,000 and having the rest financed with a short-term note from the bank, then immediately after this transaction what is the expected impact on the components of the current ratio?
A. Current assets increase. B. Current assets decrease and current liabilities increase by the same amount. C. Current liabilities decrease. D. Current assets and current liabilities decrease by the same amount.
The "yield curve" shows the relationship between bonds' maturities and their yields.
Answer the following statement true (T) or false (F)
Ensley Corporation has provided the following data concerning its only product: Selling price$200per unitCurrent sales 30,300unitsBreak-even sales 21,816units The margin of safety as a percentage of sales is closest to:
A. 72% B. 39% C. 61% D. 28%