A CEO made a lot of mistakes in assessing the market and the competitive conditions and improperly redesigning the organization into numerous business units. Such errors led to significant performance declines. According to the text, this example illustrates the ________ perspective of leadership.

A. operational
B. internal mechanism
C. romantic
D. external control


Answer: C

Business

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Operating leases are long-term or noncancelable leases in which the lessor transfers substantially all the risks and rewards of ownership to the lessee.

Answer the following statement true (T) or false (F)

Business

What type of evidence is testimony by an eyewitness?

a. Direct evidence b. Documentary evidence c. Demonstrative evidence d. Circumstantial evidence

Business

Stating that two events are statistically independent means that the probability of one event occurring is independent of the probability of the other event having occurred

Indicate whether the statement is true or false

Business

What is the profitability index of a project that has an initial cash outflow of $600, an inflow of $250 for the next 3 years and a cost of capital of 10 percent?

A) 0.667 B) 2.036 C) 1.036 D) 2.739

Business