Which of the following styles of leadership is becoming one of the leadership styles of choice for businesses that seek to reduce the layers of management in their structures?

A) autocratic
B) laissez-faire
C) participative
D) visionary
E) free-rein


Answer: C
Explanation: C) With fewer layers of management, managers are delegating more decisions down to the teams of workers. Knowing how, when, and to whom to delegate is a talent found best in democratic, or participative, leaders.

Business

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When brand equity is measured using the value of a brand based on input from consumers, such as familiarity, purchase considerations, customer satisfaction, and willingness to seek out the brand, the method is:

A) financial value B) market value C) revenue premium D) consumer value

Business

Which of the following is not true?

a. Gains (losses) are increases (decreases) in assets from peripheral or incidental transactions of an entity and from other transactions and events affecting the entity except those that result from revenues (expenses) or investments by (distributions to) owners. b. Firms usually report gains and losses from sales of assets or settlements of liabilities at a net amount; that is, equal to the difference between the net asset received and the carrying value of the asset sold or between the net asset given and the carrying value of the liability settled. c. Gains and losses may arise from the remeasurement of assets and liabilities. d. Firms realize gains and losses when they sell or exchange assets or settle liabilities in market transactions. e. Firms recognize gains and losses when those items enter the measurement of net income or other comprehensive income.

Business

Names for new brands are now usually selected for __________________________.

a. Legal reasons b. Global potential c. Image d. All of the above

Business

Federal authority to control air pollution was established by the:

a. Clean Air Act b. Fresh Air Act c. Clean Environment Act d. No Pollution Act e. Free Air Act

Business