Which of the following is not covered in a standard homeowner's policy?
A) Lightning hits your house and it burns to the ground.
B) Your house is broken into and all the furniture is stolen.
C) The river near your house overflows its bank and washes your house away.
D) A hailstorm damages the roof of your house.
Answer: C
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Which of the following is the correct formula for the profit margin ratio?
A) Net profit / Sales B) Net sales / Average total assets C) Net profit x Capital invested D) Operating income / Net sales
A coalition is best defined as a group of two or more individuals who combine their resources to
affect the decision outcome of a mixed-motive situation involving at least three parties. One of the most effective strategies for enhancing coalitional effectiveness is to: A) allocate resources by a needs-based equity distribution system amongst coalition members B) make unilateral concessions amongst group members C) obtain verbal commitments, as people often feel obligated to follow through with promises they make with others D) increase the functional distance between coalition members