Bennett Is a Very Structured Manager

question 6

Short Answer

Bennett is a very structured manager. He sits down with all of his employees and talks to them about what their goals should be and how they should meet them, and he gives clear feedback as to how they are progressing toward meeting their goals. Bennett is a(n)____________________ leader.

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Definitions:

FOB Destination

Freight terms in which the seller pays the transportation costs from the shipping point to the final destination.

Net Income

The total earnings of a company after deducting all expenses and taxes from total revenue.

Ending Inventory

The total value of all unsold goods that a company has at the end of an accounting period.

Beginning Inventory

The value of the inventory that a company has at the start of an accounting period, before any purchases or sales have occurred.