Which of the following accurately describes a primary characteristic of charismatic? leaders?
a. They tend to set high expectations for themselves and energize others.
b. They tend to set high expectations for themselves and establish high standards for others.
c. They tend to establish high standards for and energize others.
d. They tend to energize others and establish good, stable practices.
e. They tend to set high expectations for themselves and establish good, stable practices
Answer: a. They tend to set high expectations for themselves and energize others.
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Having a supply chain that is environmentally responsible is called: ________.
Fill in the blank(s) with the appropriate word(s).
Exhibit 8-3 The J. Love Company uses a periodic inventory accounting system and values its inventory by using the lower of cost or market rule. The allowance method is used in applying the lower of cost or market rule. The company adjusts and closes its books annually on December 31. Below are the cost and market values of the company's year-end inventories for a three-year period: Date Cost
Market December 31, 2016 $70,000 $70,000 December 31, 2017 56,000 46,000 December 31, 2018 64,000 58,000 ? ? Refer to Exhibit 8-3. Which of the following journal entries would be correct as of December 31, 2018, to apply the lower of cost or market rule? A) Inventory 58,000Income Summary 58,000 B) Loss Due to Market Valuation 6,000Allowance to Reduce Inventoryto Market 6,000 C) Allowance to Reduce Inventory to Market 4,000Loss Recovery Due to Market Valuation 4,000 D) Cost of Goods Sold 6,000Allowance to Reduce Inventoryto Market 6,000
Alternative firms that could provide a product to satisfy a specific market's needs are referred to as ________.
A. cross product marketers B. substitute firms C. target markets D. competition E. complementary firms
Which of the following is a benefit derived from budgeting?
A. Budgeting provides a basis for evaluating performance. B. Budgeting avoids the need for incentives to improve employee performance. C. Budgeting eliminates the need for coordination across departments. D. Budgeting avoids needing industry and economic factors in decision making. E. Budgeting focuses management's attention on past performance.