Which of the following is NOT one of the universal functions of marketing?
A. buying
B. standardization
C. production
D. transporting
E. financing
Answer: C
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Which of the following is an additional feature of a limited liability partnership compared to a limited partnership?
A) It has a general partner who does not participate in the day-to-day operations of the partnership. B) It limits the personal liability of limited partners to their contribution in the business. C) It restricts the general partner from taking high-risk projects. D) It protects each partner from any malpractice or negligence of another partner's actions.
An advantage of using path-goal theory is ______.
A. it connects both work tasks and leader-member exchanges for effective leadership B. it connects both work setting and skill development of followers C. it connects the work tasks and follower needs for effective leadership D. it connects leaders with followers by focusing on followers first
________ are indirect costs that are incurred to benefit more than one segment and that cannot be directly traced to a particular segment
a. Segment costs b. Common costs c. Variable costs d. Mixed costs
Setting stretch objectives does not provide an organization with the advantage of
A. helping to avoid mediocre results. B. spurring exceptional performance and helping build a firewall against contentment with modest performance gains. C. helping clarify the company's strategic vision and strategic intent. D. helping a company be more focused and intentional in its actions. E. pushing company personnel to be more inventive and innovative.