Given your philosophy of leadership, which of Larsen and LaFasto’s eight characteristics of successful teams is most important to you?
What will be an ideal response?
Student can name one of the eight characteristics and relate it to his/her philosophy of leadership.
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Yankton Company began the year without an investment portfolio. During the year, they purchased investments classified as trading securities at a cost of $13,000 . At the end of the year, the market value of the securities was $11,000 . The Yankton Company's financial statements for the current year should show
a. a loss of $2,000 on the income statement and net trading securities of $13,000 on the balance sheet b. no loss on the income statement and net trading securities of $13,000 on the balance sheet c. no loss on the income statement, net trading securities of $11,000, and an unrealized loss of $2,000 as a stockholders' equity adjustment on the balance sheet d. a loss of $2,000 on the income statement and temporary investments of $11,000 on the balance sheet
Which of the following will have no effect on an employee's take-home pay?
A) Social security tax B) Unemployment tax C) Marital status D) Number of exemptions claimed
All of the following are characteristics of a closely held corporation EXCEPT
A. the shares are publicly traded. B. the corporation can typically operate without a board of directors. C. the shareholders usually restrict share transfer. D. minority shareholders are provided more protection than in regular corporations.
Which of the following is an advantage of face-to-face meetings?
A. They provide a rich nonverbal context. B. They allow companies to reduce travel budget. C. They restrict dominance by high-status members. D. They minimize the environmental impact caused by travel.