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

1. One responsibility of a nonprofit chief executive officer is to select new members of the board of directors.
2. A chief executive officer’s responsibilities include both managing and leading the organization.
3. Trait theories emphasize the business experience of the nonprofit leader.
4. Behavior theories include task and relationship activities.
5. Servant leadership places emphasis on values and commitment.


1. False
2. True
3. false
4. True
5. True

Business

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Interest on a note can be calculated without knowledge of the

a. fair value of the note b. rate of interest c. note duration d. principal amount

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Consider a three-year fixed-payment security that has a present value of $1,000. If the annual rate of discount is 7 percent, the payment made at the end of each year is

A. $70.00. B. $107.00. C. $142.86. D. $381.05.

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In an automated warehouse, orders are fed directly from the retailer's information system into the wholesaler's, and the items are picked up by mechanical devices and taken to a shipping platform where they are assembled

Indicate whether the statement is true or false

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Any fax you send should be _______________________

a. approved by your superior b. filed with the state c. considered a legal document d. clean and readable

Business