Discuss centralization in the context of formal organizations.
What will be an ideal response?
Answers will vary.
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All of the following are normally found in a corporation's stockholders' equity section except
A) Common Stock B) Paid-In Capital in Excess of Par C) Dividends in Arrears D) Retained Earnings
On average, a retailer keeps 15 days worth of average sales in inventory on hand. It takes the supplier 10 days to deliver merchandise; therefore, the retailer has up to 5 days to process and order (or risk being out-of-stock)
Indicate whether the statement is true or false
Which of the following is not an advantage of participative budgeting?
A) It fosters a sense of creativity in managers. B) It encourages the introduction of budgetary slack. C) It encourages greater goal congruence. D) It encourages a higher level of performance. E) It fosters a sense of managerial responsibility.
Idealized influence by a leader entails behaviors associated with instilling pride, respect, and trust within employees.
Answer the following statement true (T) or false (F)