Explain the difference between supervisory leadership and strategic leadership.
What will be an ideal response?
Student answers will vary but should demonstrate the ability to compare and contrast the two styles. Supervisory leadership is behavior that provides guidance, support, and corrective feedback for day-to-day activities. Strategic leadership gives purpose and meaning to organizations. Strategic leadership involves anticipating and envisioning a viable future for the organization and working with others to initiate changes that create such a future.
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Sales for the month amounted to $3,000,000; the variable cost of goods sold was $1,500,000; variable selling and administrative expenses were $900,000; and fixed costs were $200,000 . The contribution margin for the month was ________
a. $1,500,000 b. $400,000 c. $1,000,000 d. $600,000
What is a hammock activity and give an example?
Fill in the blank(s) with the appropriate word(s).
Starr Cardio, Inc, is a small business. Ted, Uma, and eleven other members of the Starr family own all of its stock. Currently, Starr's income is taxed at the corporate level and, after being distributed to the family members, at the shareholder level. Can Starr retain its corporate status but otherwise avoid this double taxation? If so, how?
Refer to the instruction above. Using the preference matrix (total weighted score) approach for selecting suppliers, which supplier should Steele select?
A) State B) Acme C) Either is acceptable—their preference matrix scores are the same. D) More information is needed to make this decision.