All groups are teams, but not all teams are groups.
Answer the following statement true (T) or false (F)
False
A group may be defined as two or more people who interact with each other to accomplish certain goals or meet certain needs. A team is a group whose members work intensely with one another to achieve a specific common goal or objective. As these definitions imply, all teams are groups, but not all groups are teams.
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Of the following, select the incorrect statement concerning earnings per share
a. During periods when all income is paid out as dividends, earnings per share and dividends per share under a simple capital structure would be identical. b. Under a simple capital structure, no adjustment to shares outstanding is necessary for a stock split on the last day of the fiscal period. c. During a period, changes in stock issued or reacquired by a company may affect earnings per share. d. During a loss period, the amount of loss attributed to each share of common stock should be computed.
Suppose you are the CEO of a small firm that is taking its business into a new country. You are fortunate to have two gifted managers who have volunteered to handle the operational issues for this project, but you must choose just one to send to the new country. One of the managers has extensive work experience in all the operational aspects of running a business, and the other manager is from the new country and previously ran a business there. Which manager will you send and why?
What will be an ideal response?
According to the wheel of retailing, retail institutions _____
a. become vulnerable when they engage in scrambled merchandising b. stay as low-end strategy firms c. begin as low-end strategy firms and become vulnerable when they upgrade their strategy to medium or high end d. always increase sales and profits when they upgrade their strategy
A purported principal is liable for an unauthorized signature by a purported agent
Indicate whether the statement is true or false