The Following Information Is Provided for Nguyen Company and Northwest

question 30

Multiple Choice

The following information is provided for Nguyen Company and Northwest Corporation. $$\begin{array} { l c c } { \text { (in } \$ \text { millions) } } & \text { Nquyen Company } & \text { Northwest Corporation } \\\hline \text { Net income } 2022 & \$ 165 & \$ 420 \\\text { Net sales } 2022 & 1,650 & 4,900 \\\text { Total assets } 12 / 31 / 20 & 1,000 & 2,400 \\\text { Total assets } 12 / 31 / 21 & 1,050 & 3,000 \\\text { Total assets } 12 / 31 / 22 & 1,150 & 4,000\end{array}$$ If Nguyen and Northwest are in the same industry and the industry average for return on assets is equal to 30% which of the following statements is true?

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Definitions:

Social Leadership

The process of leading a group or community in a way that leverages social influence to guide and coordinate actions towards communal goals.

Task Leadership

The ability to direct and coordinate the activities of a group toward achieving specific goals or tasks.

Positive Reinforcement

A method in behavioral psychology where the introduction of a rewarding stimulus following a desired behavior increases the likelihood of the behavior occurring again.

Participative Management

A management style where employees at all levels are encouraged to contribute ideas towards the organization's goals.