Operating Activities

question 131

Multiple Choice

Operating activities:

• A) Are the means organizations use to pay for resources like land, buildings and equipment.
• B) Involve using resources to research, develop, purchase, produce, distribute and market products and services.
• C) Involve acquiring and disposing of resources that a business uses to acquire and sell its products or services.
• D) Are also called asset management.
• E) Are also called strategic management.

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Definitions:

Charismatic Leadership

A style of leadership characterized by a leader's ability to inspire and motivate followers through their charm and persuasive personality.

Us-Versus-Them Philosophy

A mindset that divides the world into allies and enemies, fostering group solidarity at the expense of outsiders.

Economic Crisis

A situation characterized by a sudden and significant decline in the economy, leading to financial instability and hardship.

Asch Studies

A series of psychological experiments conducted by Solomon Asch, demonstrating the effects of social pressure on conformity.