Which of the following characteristics applies to formal work groups but not teams?

A. Accountability
B. Varied mix skill levels
C. Consists of two or more individuals
D. Common goals


Answer: B

Business

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The building used in Terry's business was condemned by the city of St. Louis. Terry received a condemnation award of $125,000. He paid $1,200 in lawyer's fees and $800 for an appraisal of the property. Terry's adjusted basis in the building was $60,000. Terry reinvests in similar property costing $110,000, and Terry makes the proper election regarding the property. What is the amount of Terry's recognized gain on the condemnation?

A. $50,000 B. $13,000 C. $15,000 D. $63,000

Business

In which purchasing decision should the supplier focus on maintaining a good relationship with the customer and focus on timely deliveries at the expected quality level?

A) straight rebuys B) modified rebuys C) new-task purchase D) repetition purchase

Business

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

1. Repeating the message numerous times during the presentation will help with message retention. 2. PowerPoint slides should never be used as a substitute for a speaking outline. 3. Selecting volunteers from the audience to take part in demonstrations is always a good technique for audience involvement 4. Whenever possible, video clips should be imported into slides or saved into files prior to the presentation. 5. Pauses should be avoided at all costs during a presentation.

Business

A sampling procedure in which each element of the population has a fixed probabilistic chance of being selected for the sample is called probability sampling

Indicate whether the statement is true or false

Business