Define formalization, and discuss its advantages and disadvantages for leaders and followers.
What will be an ideal response?
Answers will vary.
You might also like to view...
The amount of depreciation expense for the first full year of use of a fixed asset costing $95,000, with an estimatedresidual value of $5,000 and a useful life of 5 years, is $19,000 by the straight-line method
a. True b. False Indicate whether the statement is true or false
When bonds are issued by a company, the accounting entry shows an
a. increase in liabilities and a decrease in stockholders' equity. b. increase in liabilities and an increase in stockholders' equity. c. increase in assets and an increase in liabilities. d. increase in assets and an increase in stockholders' equity.
When amounts of a transaction are entered on the left side of an account, they are said to be
A) credited B) summarized C) totaled D) debited
NutriPro has many business divisions. One of its business divisions has a large customer base for its breakfast cereal in Oriel. NutriPro's other business division sells cookies in Lanslot. NutriPro has now introduced its cookies in Oriel
To ensure good sales, the company is also offering discounts. Which of the following strategies is illustrated in this scenario? a. Restraint of trade b. Self-dealing c. Market penetration d. Divestment