Companies that retain market domination over long periods tend to develop leaders _________
a.
by hiring graduates from the finest MBA programs
b. by hiring them away from competitors
c.
internally
d.
by hiring people who have completed external leadership development programs
e.
none of the above
e
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What is the primary difference between a static budget and a flexible budget?
a) The static budget is prepared only for units produced, while a flexible budget reflects the number of units sold. b) The static budget contains only fixed costs, while the flexible budget contains only variable costs. c) The static budget is constructed using input from only upper level management, while a flexible budget obtains input from all levels of management. d) The static budget is prepared for a single level of activity, while a flexible budget is adjusted for different activity levels.
Guidelines established to convey what is perceived to be correct or incorrect by most people in a society refer to
a. collectivism. b. perception. c. ethical standards. d. semantic differences.