When there is a perceived need for change, charismatic leaders are often successful by:
a. using fear to motivate their followers.
b. articulating a new vision.
c. establishing clear rewards.
d. promoting cooperation.
b. articulating a new vision.
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Budgeted cash payments for inventory would appear on the:
A. capital budget and pro forma statement of cash flows. B. cash budget and pro forma balance sheet. C. inventory purchases budget and pro forma statement of cash flows. D. inventory purchases budget and the pro forma income statement.
Which of the following is the satisfaction received from owning or consuming a product or service?
A) utility B) demand C) valuation D) want E) equity
A doctor’s office is considering the purchase of a new piece of equipment. The equipment costs $25,000. The procedure performed with the new equipment will be billed to patients at $200. The doctor’s office estimates that the cost of materials and training for the new equipment will be approximately $75 per procedure. For which of the demand value below does it make sense for the purchase?
a. 50 procedures b. 100 procedures c. 150 procedures d. 225 procedures
A director does not need to disclose any conflict of interest before voting on a proposed transaction
a. True b. False Indicate whether the statement is true or false