At a management retreat, nicole and her colleagues are reminiscing about how much they enjoyed college life. everyone remembers their favorite management topics. nicole is surprised to realize that each of them has a favorite leadership perspective. however, no one can remember the name of the theory they liked most! tony argues that his favorite theory recognized that the best answer concerning which style of leadership to use is "it depends! " he maintains that the theory he liked the most argued for "looking before you lead." tony's favorite leadership perspective is the approach.

a. trait

b. behavioral

c. situational

d. charismatic

The former chairman of the federal reserve, alan greenspan, used the term "irrational exuberance" in 1996 to describe the high levels of optimism among stock market investors at the time. stock market indexes such as the s& p composite price index were at an all-time high. some commentators believed that the fed should intervene to slow the expansion of the economy. why would central banks want to clamp down when the economy is growing? a. to block the formation of unsustainable speculative asset bubbles. b. to curtail excessive profits in the banking system. c. to prevent inflationary forces from gathering momentum. d. all of the above. e. a and c only.

Consider a firm with a contract to sell an asset for $149,000 four years from now. the asset costs $85,000 to produce today. a. given a relevant discount rate of 14 percent per year, calculate the profit the firm will make on this asset. (a loss should be indicated by a minus sign. do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. at what rate does the firm just break even?

What three important pieces of information can we learn by reading a production possibilities gragh?