An agent's scope of authority generally includes

a. implied authority.
b. apparent authority.
c. express authority.
d. all of these.


D

Business

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

1. The process of getting oriented and getting acquainted with the group is known as the forming stage of team development.  2. Many groups stall in the performing stage of group development.  3. In the storming stage of group development, the leader should encourage members to work through their conflicts about tasks and goals.  4. Group cohesion arises during the forming stage of group development.

Business

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

“A Statement of Basic Accounting Theory” (ASOBAT) assumed that the evaluative framework of standards and guidelines was dependent upon the objectives of accounting.

Business

Retailing is best characterized by which of the following?

a. independent ownership dominating sales b. franchise organizations dominating sales c. ease of entry into the marketplace d. vertical marketing systems being fully integrated

Business

The Basic Kendall notation is based on arrival time distribution, service time distribution, and cost characteristics

Indicate whether the statement is true or false

Business