During which stage of team development is high performance not a top priority and attention is devoted to wrapping up the project?
A. Norming
B. Storming
C. Performing
D. Adjourning
E. Forming
Answer: D
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Answer the following statements true (T) or false (F)
1.A tariff quota is a combination of a specific tariff and an ad valorem tariff. 2.A specific tariff is expressed as a fixed percentage of the total value of an imported product. 3.The protective effect of a tariff occurs to the extent that less efficient domestic production is substituted for more efficient foreign production. 4.A tariff can increase the welfare of a "large" country if the favorable terms-of-trade effect is greater than the unfavorable protective effect and consumption effect. 5.If the world price of steel is $600 per ton, a specific tariff of $120 per ton is equivalent to an ad valorem tariff of 25 percent.
Jessup Company was founded in Year 1. It acquired $45,000 cash by issuing stock to investors and an additional $15,000 cash by borrowing from creditors. During Year 1 it received $25,000 cash revenues and paid $32,000 in cash expenses. The company then went out of business.Required: a) Explain the term, "business liquidation."b) What amount of cash should Jessup Company have had on hand immediately before going out of business?c) What amount of cash will Jessup's creditors receive?d) What amount of cash will Jessup's stockholders receive?
What will be an ideal response?
Mike and Nan are involved in a case. The best definition of a case is
A) a criminal prosecution, not a civil proceeding. B) a failure to perform a legal obligation. C) a judicial proceeding for the resolution of a dispute. D) a type of regulation applied to a business.
What can a couple seeking to get out of debt do?
A) Avoid future use of credit card debt, except on a emergency basis. B) Use savings to pay off current debt. C) See if their creditors will restructure their loans. D) Seek help from a reputable credit counselor. E) All of the above are correct.