Strict liability applies to services but not products

Indicate whether the statement is true or false


FALSE

Business

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In terms of spokesperson characteristics, which is the degree of confidence or the level of acceptance consumers place in the spokesperson's message?

A) trustworthiness B) expertise C) credibility D) likeability

Business

A practical decision to expense a $120 printer rather than record it as property, plant, and equipment and depreciate it probably is made on the basis of the convention of

A) conservatism. B) consistency. C) materiality. D) full disclosure.

Business

If incremental revenues beyond split-off exceed incremental costs, a product should be processed further

Indicate whether the statement is true or false

Business

Answer the following statement(s) true (T) or false (F)

1. In order to create feelings of empowerment among their followers, leaders need to use their own expert power. 2. According to a study that used the Influence Behavior Questionnaire (IBQ), ingratiation was negatively related to influence—people can easily see through these types of influence attempts. 3. Researchers define facilitation power as the ability to influence behavior either by providing social cooperation or by altering environmental circumstances. Facilitation may take the form of making desirable behaviors easier to perform, shifting the focus of attention or activity, or providing resources logically necessary for the completion of the behaviors. 4. Leaders who are high on political skill had subordinates with higher organizational commitment.

Business