Money is anything generally accepted as a means of paying for goods and services
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: Money is anything generally accepted as a means of paying for goods and services. It serves as a medium of exchange, a unit of accounting, a store of value, and a standard of deferred value.
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Strategic channel alliances refer to
A. an arrangement whereby companies reduce distribution costs by sharing facilities, equipment, and transportation. B. the blending of different communication and delivery channels that are mutually reinforcing in attracting, retaining, and building relationships with consumers who shop and buy in traditional intermediaries and online. C. an arrangement whereby a firm reaches different buyers by employing two or more different types of channels for the same basic product. D. a practice whereby one firm's marketing channel is used to sell another firm's products. E. a practice whereby consumers can interact with various advertising media to buy products without a face-to-face meeting with a salesperson.
Which of the following areas of control for organizations exerts informal control?
A. structural B. human resources C. informational D. competitive E. cultural
Amy has just finished reading Kouzes and Posner’s book on what followers want and has learned about the practices of exemplary leaders. Based on those researchers’ ideas, which of the following is Amy likely to focus on:
a. challenging existing ideas and encouraging followers to experiment. b. overcoming resistance to change and stimulating followers intellectually. c. cultivating dramatic symbols and developing obedience and loyalty. d. express high self-confidence and build her image.
Answer the following statement(s) true (T) or false (F)
1. The Wagner Act was very pro-union because it made collective bargaining legal, and required employers to bargain with the representatives of the employees. 2. The Norris-LaGuardia Act established the National Labor Relations Board. 3. The Taft-Hartley Act and the Wagner Act are both considered to be very pro-union pieces of legislation. 4. The Taft-Hartley Act requires employers to give sixty days written notice of plant closings or layoffs. 5. The Taft-Hartley Act was considered to be pro-management in that it specified unfair union labor practices, whereas the Wagner Act specified unfair management labor practices.