A team was formed to coordinate the impending ISO accreditation process for a company over a period of six months. The team members are drawn from various departments. Which of the following types of teams does this most exemplify?

A. management teams
B. action teams
C. project teams
D. parallel teams
E. work teams


Answer: C

Business

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Business entities generally carry on:

a. Operating, investing, and financing activities b. Operating activities, but only corporations engage in financing and investing activities c. Investing and operating activities, but only corporations engage in financing activities d. Either investing or financing activities, but not both

Business

Annie buys a car from Bob's Motors. She then sells the car to Michael, who agrees to make the remaining payments Annie owes Bob's Motors. Bob's Motors is a creditor beneficiary of Annie, and can therefore recover the balance due only from her, and not from Michael.

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

Business

Which of the following models are used to isolate variables and to suggest directions of relationships but are not designed to provide numerical results?

A) graphical models B) mathematical models C) verbal models D) technological models E) specific models

Business

Gwen is a junior member of the Kaledioscope Corporation, a large global company operating in 28 countries around the globe. Gwen’s responsibilities include both business operations and human resources (HR) functions. She has observed that her organization could really grow if they had a stronger plan to leverage diversity. What business case can Gwen make to convince her CEO, CFO and fellow executives to invest in diversity management?

What will be an ideal response?

Business