If decentralized decision making is in place, decisions are:

A. made at the top management level.
B. contracted to external consultants.
C. made at the middle management level.
D. delegated to operating personnel.


Answer: D

Business

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A seller may resell the goods when:

A. neither party breaches the contract, but the seller can make a higher profit upon resale to another buyer. B. the seller is sure that the buyer is going to breach the contract. C. the buyer breaches the contract, and the seller has possession of the goods. D. the seller breaches the contract, and the buyer has possession of the goods.

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In a symmetric distribution, the values on either side of the center of the distribution are the same, and the mean mode, and median are equal

Indicate whether the statement is true or false

Business

Wheadon, Davis, and Singer formed a partnership with Wheadon contributing $60,000, Davis contributing $50,000 and Singer contributing $40,000. Their partnership agreement called for the income (loss) division to be based on the ratio of capital investments. If the partnership had income of $75,000 for its first year of operation, what amount of income (rounded to the nearest thousand) would be credited to Singer's capital account?

A. $75,000. B. $20,000. C. $25,000. D. $30,000. E. $40,000.

Business

At Acme Global, customer service is an important priority. However, Michael’s latest performance appraisal focused on his lack of critical thinking and his lack of knowledge of the company’s technology. What aspect of good performance appraisals does Michael’s appraisal appear to be missing?

A. Valid B. Based on mission and objectives C. Accepted D. Feasible E. Positivity

Business