When dealing with a group that is not a team, the ______ takes responsibility for performing the four functions of management.
a. change agent
b. team leader
c. individual employees
d. group manager
d. group manager
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The international standard by which letters of credit (L/Cs) are interpreted is known as the ________ 500
A) UCP B) NTR C) FSC D) NTB E) HTS
Earnings per share is an important disclosure because
A) it provides information relevant to the common shareholders. B) net income disclosed in the financial statements can fluctuate based upon management's intentions. C) it forces common and preferred shareholders to read the financial statements. D) it uses net income.
______ are managerial functions associated with the movement of materials such as raw materials, components, work in progress, or finished goods.
Fill in the blank(s) with the appropriate word(s).
Albert has a contract to buy 100 tables from Bartholomew at a price of $50 a table. Five days before Bartholomew is to deliver the tables, he calls Albert to say that he is sorry but $50 won't cover his costs, and he will now need at least $75 a table. Albert agrees, because he needs the tables for his special sale. The modified contract is enforceable even though Albert isn't getting any new
consideration, so long as Bartholomew is acting in good faith and the agreement to the new price is put in writing. a. True b. False Indicate whether the statement is true or false