Privity of contract is required:
A) In consent states
B) In contract states.
C) In all states.
D) None of the above
B
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Answer the following statement(s) true (T) or false (F)
1. Flatter organizations refer to the trend of shifting decision-making powers upward in the organizational hierarchy. 2. According to team leadership theory, individuals other than the formal leader can perform the critical leadership functions. 3. Most experts agree that team leadership is a simple process. 4. A mistake commonly made is to call a work group a “team” but treat it as a collection of individuals. 5. Hill’s model for team leadership outlines a total of seven leadership actions.
Management's most powerful tool for mobilizing organizational commitment to competent strategy execution and operating excellence is the
A. proper use of a reward structure with motivational incentives. B. process of providing employees with a high degree of job security (ideally, via a no-layoff policy). C. diligent and persistent use of benchmarking and best practices. D. implementation of TQM and/or Six Sigma programs. E. periodic giving of inspirational speeches aimed at arousing employees' emotional energy.
A store has determined that the weekly sales of a product is related to the number of customers who visit the store and the square feet of shelf space, x, according to the following equation: -20x2 - 10C2 + 40Cx + 120x - 200C + 600
C represents the hundreds of customers who visit their store. If a store averages 200 customers per week, how many square feet of shelf space is required to maximize sales?
Which of the following mathematical expressions calculates the net cash flow if depreciation is the only noncash item in a firm's income statement?
A. Net cash flow = Net income + Depreciation B. Net cash flow = Accounting profit - Depreciation C. Net cash flow = Accounting profit - Operating cash flow D. Net cash flow = Fixed assets + Depreciation E. Net cash flow = Operating cash flow - Depreciation