In the context of business, which of the following statements is true of resources?
A) Being socially responsible is considered a resource for a firm.
B) Good reputation for quality services does not constitute a resource.
C) Human resources refer to the products that are made by people.
D) The funds used to acquire land can be classified as natural resources.
E) Intangible resources are those that do not provide a competitive advantage.
A) Being socially responsible is considered a resource for a firm.
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A single-phase waiting-line system meets the assumptions of constant service time or M/D/1. Units arrive at this system every 12 minutes on average. Service takes a constant 8 minutes. What is the average number in the system Ls in units?
A) 2.25 B) 2.5 C) 3.0 D) 1.33 E) 5.0
Transactional leaders are:
A) inspirational leaders. B) charismatic leaders. C) management by exception leadership style. D) passive leaders.