Respect for authority is known as ______.

A. power distance
B. collectivism
C. groupthink
D. degree of determinism


A. power distance

Business

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When the government of any country restricts the sale of a particular commodity to certain groups — for example, restricting sales of alcohol to individuals of age 21 and over — the eligible consumers who have income, interest, access, and

qualification constitute the ________ market. A) accessible B) target C) potential D) qualified potential E) qualified available

Business

On June 1, Westbrook Productions had beginning balances as shown in the T-accounts below.


During June, the following transactions took place:
June 2: Issued $3300 of direct materials and $600 of indirect materials to production.
June 13: Incurred $7400 of direct factory labor cost and $14,800 of indirect factory labor cost.

What was the balance in the Manufacturing Overhead account following these transactions?
A) $41,600
B) $56,400
C) $55,800
D) $59,100


Business

Participants in a training program at Lako Systems are examining the many variables at play in a situation. They are analyzing and synthesizing facts to better understand how decisions were made and thereby improve their own decision-making skills. These trainees are case-study participants.

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

Business

Dyantakes out an insurance policy on her car. Dyan can assign her policy to a third party A) under any circumstances

B) underno circumstances. C) as long as she does so in writing. D) if a court approves the assignment.

Business