According to management author Warren Bennis, which of the following is true about leaders?
A. They should focus on developing personal talent and fulfilling personal commitments.
B. They must be clearly focused on a positive and future-focused goal or vision.
C. They must have social support and a compelling need.
D. They must have a purpose and the required resources.
E. None of these
Answer: B
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Singleton Company's perpetual inventory records included the following information:Date?Number of units and unit costTotal CostJanuary 1Beginning inventory270 units @ $10$2,700?March 4Purchase220 units @ $16$3,520?September 28Purchase490 units @ $12$5,880?Number of units sold during the year: 730If Singleton uses the LIFO cost flow method, its ending inventory would be $2,500.
Answer the following statement true (T) or false (F)
Choose the true statement regarding unethical corporate behavior.
A. Business ethics are shaped exclusively by laws and by individual development and virtue. B. Companies with international activities find it easier to maintain a positive ethical climate. C. Unethical corporate behavior reveals a company culture that is ethically lax. D. Managers must adhere to firm standards in different cultural contexts rather than decide when relativism is appropriate. E. Unethical corporate behavior is the sole responsibility of unethical individuals.
Exchange rate risk is highest for companies with
A) international trade contracts denominated in the domestic currency. B) investment portfolios that contain foreign securities. C) international trade contracts denominated in the foreign currency. D) direct foreign investments in foreign subsidiaries.
Briefly explain the human resource management goal of complying with legal and social obligations.
What will be an ideal response?