Transactional leaders are:

A) inspirational leaders.
B) charismatic leaders.
C) management by exception leadership style.
D) passive leaders.

C

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In the milk power scandal in China in 2008, milk farmers were found to add melamine into milk purchased by milk product producers such as Mengniu. This case illustrates that ________ increases transaction costs for milk product producers.

A. asset specificity B. partner opportunism C. small numberness D. frequency of transaction

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All of the following are true about the Social Security System except:

A. The majority of workers in the U.S. are required to pay into the system. B. The system is fully funded. C. Meant to supplement other retirement income, it provides a minimum floor of income. D. Benefits are prescribed by law, not by contract.

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