?The marketing concept is a philosophy that a business organization should employ to satisfy customers' needs while achieving the overall goals of the organization.
Answer the following statement true (T) or false (F)
True
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Dividends should appear on the statement of retained earnings
Indicate whether the statement is true or false
On June 3, Maryland Company purchased merchandize worth $800 on credit, terms 2/10, n/30 . The amount paid on June 15 . What is the required journal entry to record the payment under the periodic inventory system?
a. Accounts Payable 784 Purchases Discounts 16 Cash 800 b. Accounts Payable 800 Purchases Discounts 16 Cash 784 c. Cash 800 Accounts Payable 800 d. Accounts Payable 800 Cash 800
Frances has a compromising conflict-handling style. All of the following are true of her style except ______.
A. She has a moderate level of concern for herself and a moderate level of concern for others. B. It is appropriate when both parties have strongly opposing views and there is little hope of an integrative solution. C. Both parties are completely satisfied with the outcome. D. It may be the only possible approach when both parties have equivalent influence in the organization.
What effect would the creation of ‘Self Managed Work Teams’ (SMWT) have upon leadership?
a. The SMWT would require a greater deal of control and coordination by the leader b. The SMWT would create a fun environment for the leader to work in c. The SMWT might act as a substitute to leadership and thus decrease the effectiveness of the leader d. All of the above