_____ were a focus of much of the early research on performance appraisal.

Which of the following is typically true of work teams?

a. Although the concept of work teams has been widely used in the U.S. for some time, it has not gained significant support in other countries. b. Work teams occasionally experience a drain on their collaborative energy; this drain is referred to as synergy. c. Employees in a self-directed work team handle a wide array of functions and work with a minimum of direct supervision. d. Work team members typically set their own goals without management input and plan how to work to achieve those goals.

Julian, Berta, and Maria own 400 shares, 400 shares, and 200 shares, respectively, in Caramel Corporation (E & P of $750,000). Berta is Julian's sister, and Maria is Julian's aunt. Caramel Corporation redeems all of Julian's stock for $420,000 . Julian paid $200 a share for the stock five years ago. Julian continued to serve on Caramel's board of directors after the redemption. With respect to

the redemption: a. Dividend income of $340,000. b. Dividend income of $420,000. c. Long-term capital gain of $340,000. d. Long-term capital gain of $420,000. e. None of the above.