All of the following are accurate depictions of the U.S. approach to leadership except:
A. employment is usually short-term; layoffs are common.
B. responsibility is shared collectively.
C. decision making is carried out by the individual manager.
D. evaluation and promotion is very fast; those not quickly promoted often seek employment elsewhere.
Answer: B
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Pearson Hardman Inc. currently has 2 million shares outstanding and earnings per share (EPS) of $6. After a 3-for-2 split, the shares outstanding and EPS will be:
A) 1.33 M Shares outstanding, $9 EPS B) 1.50 M Shares outstanding, $6 EPS C) 2.00 M Shares outstanding, $6 EPS D) 3.00 M Shares outstanding, $4 EPS E) 3.67 M Shares outstanding, $4 EPS
Answer the following statement(s) true (T) or false (F)
Nike today is one of the most progressive global corporations in terms of its ability to balance the various competing pressures up and down the supply chain.
A federal court will apply federal law in a case involving a federal question.
Answer the following statement true (T) or false (F)
Financial accounting is often referred to as a:
a. tax allocation system b. language of business c. mathematical system of equations d. internal reporting structure