COMM 1800 Study Guide - Comprehensive Final Guide: Franchising, Accrual, Flextime

• School: University of Virginia
• Department: Commerce
• Course: COMM 1800
• Professor: Kemp Bob

Document Summary

Traits of a good leader: ability to understand the business" model and strategy, honesty and integrity, ability and desire to constantly compete, ability to be focused and organized, ability to empathize with customers, suppliers, competitors, employees and fellow managers, effectively deal with time, deal with change in an effective and positive manner, grasp the future, communicate with all parties, build lead teams. Current events: top complaints of employees about their leaders, great leaders vs managers a. b. teamwork have to have people to achieve great things teams are built on individuals. Two types of laws: civil: against society, gm and v had a civil lawsuit preponderance of evidence says you are guilty, deals with breaches of duty between two parties, such as businesses or people, criminal: against an individual, etc you kill someone, innocent until proven e have more lawyers per capita than any country, deals with breaches of duty to society. Accounting recognize (cid:315) measure (cid:315) record (cid:315) report.