Which of the Following Is an Effect of E-Business on Leadership

question 48

Multiple Choice

Which of the following is an effect of e-business on leadership?

• A)Global leaders are obliged to adopt an ethnocentric approach to management in order to check the transformation of large corporations.
• B)Individual managers are obliged to adapt to the hyperspeed environment of e-business, as well as to the need for visionary leadership in a whole new set of competitive industry dynamics.
• C)The pace of international business has slowed down considerably resulting in a overall decline in efficiencies.
• D)The importance of rigid organizational structure has increased.

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Definitions:

Adjusted Trial Balance

A list of all accounts and their balances after adjusting entries are made, used to verify the equality of debits and credits in the accounting process.

Unearned Rent

Income received for rent that has yet to be earned, typically because the service period has not yet been completed; it is recorded as a liability.

Adjusting Entry

Journal entries made in an accounting period's end to allocate revenues and expenses to the period in which they actually occurred.

Rent Receivable

An account in the balance sheet that represents the amount of rental payments owed to a property owner but not yet received.