What is the relationship between leadership and management?
A. Leadership and management are synonymous.
B. Leadership includes staffing and controlling, whereas management includes influencing prospective customers.
C. Leadership is the ability to influence others to attain objectives, whereas management requires the use of leadership.
D. Managing is an important part of leading.
Answer: C
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The present value and future value concepts are applied to measure the amount of several accounts common in accounting. What are some accounts that are valued in this manner?
If fixed costs are $180,000, variable costs are $38 per unit, and the product sells for $70, the breakeven point in sales dollars is $393,750
Indicate whether the statement is true or false
A business philosophy that focuses on eliminating time, cost, and poor quality within manufacturing processes is called ________ manufacturing
a. push b. just-in-time c. activity-based d. pull
As an American small business owner, why would you want to think global in developing your marketing plan?
What will be an ideal response?