What are the two sources of power?
What will be an ideal response?
Organizational and Personal power
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Consider the Japanese market for jetliners as depicted in Figure 6.4. Suppose the lone producer of jetliners in the world is Boeing, which faces a constant marginal cost of $20 million per jetliner. How much profit will Boeing make?
a. 0 b. $150 million c. $230 million d. $250 million
Under which of the following contract devices does a seller usually retain title on a property until the full price for the property is paid?
A. Land sales contract B. Deed of trust C. Strict foreclosure D. Mortgage
Which of the following is considered to be a routine message?
A) Replying to a client that you will not have their project completed on time B) Requesting an employee to minimize the use of cellphone in office hours C) Instructing employees on filling out a new form D) Announcing that next Saturday will be a working day E) Requesting the team to not apply for any leaves for a month
After creating a to-do list and assigning priorities, how should tasks be carried out so as to avoid errors and save time?
a. Work from lowest priority to highest. b. Focus on one task at a time. c. Try to finish multiple tasks with the same action. d. All tasks should be delegated.