The capital, or finance, lease method treats leases equivalent to installment purchases or sales, where the lessee borrows funds from the lessor to purchase the asset and the lessor recognizes profit at the time of sale
Indicate whether the statement is true or false
T
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Juan, the owner of Quality Catering, is driven by competition. He is very focused on meeting deadlines and quality, and on delivering the results that customers want. He pushes his managers to continually exceed their productivity goals, and he stresses that profits take precedence over employee development and satisfaction. Juan feels "there is not enough time for training." However, his employees are regularly rewarded for their success in meeting company goals. Quality Catering has a(n) ____ culture.
A. clan B. target-driven C. adhocracy D. market E. hierarchy
The least tangible type of service is _____ services
a. regulated goods b. nongoods c. owned-goods d. rented-goods
Jack Welch, former CEO of General Electric, has been called
a. “Neutron Jack” for firing the bottom 10% of his workforce each year during his early years b. “Manager of the Century” c. Jack “Sweet Juice” Welch for his consideration leadership and friendly, supportive behavior d. both “a” and “b”
A partner may bind the partnership by her act if she has:
a. actual authority, express or implied, to perform the act. b. apparent authority to perform the act. c. Both answers are correct. d. None of these.