When management seeks to achieve personal departmental objectives that may work to the detriment of the entire company, the manager is experiencing:

Scenario A. Chelsea leaves her job at a car manufacturing company and starts her own business. Her objective is to attain maximum growth and earn high profits. Jessica, her friend, who also works at the car manufacturing company has started a business venture utilizing the resources of the company. Henry, her colleague, states that he would make a successful entrepreneur as he is a gambler, and believes that a good idea and talent leads to success within a year. He has also scored 665 in his SATs.Chelsea's objectives for her business is to attain high growth and profits, which is an example of a(n) ________.

a. joint venture b. skunkworks c. entrepreneurial venture d. small business e. business incubator

Supplies and supplies expense are both permanent accounts

a. true b. false