Which of the following is the best example of an indirect competitor for a weight loss club?
A) a prominent chain of sports clubs
B) a manufacturer of whole-wheat bread
C) a hospital offering liposuction treatments
D) a chain of herbal spas and wellness clinics
C
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Method of managing net income by selling investment "winners" in order to report the gains in income, and holding on to the losers. Also referred to as "cherry picking," "snacking," or "sell the best and keep the rest."
(a) amortized cost (b) gains trading (c) cash flow hedge (d) trading securities
Which statement about implicit leadership theories is not accurate?
A) Implicit theories influence a person's evaluation of leaders. B) Implicit theories usually involve assumptions about effective leadership. C) Implicit theories are seldom found in people who are intelligent. D) Implicit theories can result in biased ratings of a leader's behavior.