1. Which of the following statements is correct? A. In a perfectly competitive market, changes in demand cause short-term changes in price, and no changes in quantity supplied to the market. B. In a perfectly competitive market, changes in demand cause no long-term changes in price, and permanent changes in quantity supplied to the market. […]
Evaluating a Company’s Resources, Capabilities, and Competitiveness – CH4Your Results:The answer for each question is indicated by a . 1 Which one of the following is not helpful in identifying the components of a single-business company’s strategy? A) Initiatives to build competitive advantage B) Efforts to expand or narrow geographic […]
1. You write a newspaper story about a local hobbyist. You take a dislike to the man and in your article, throw in the assertion that he molested neighborhood children. You won’t be liable for defamation if A. the plaintiff consented to you writing a story about his hobby. B. the plaintiff is a public […]
1. Tech, Inc., sells its brand-name computer equipment directly to its franchised retailers. Depending on how existing franchisees do, Tech may limit the number of franchisees in a given area to reduce intrabrand competition. Tech’s restriction on the number of dealers likely is A) a per se violation of the Sherman Act. B) exempt from […]
Question 1. 1. (TCO A) Platypus Building Inc. won a bid for a new office building contract. Below is info from the project accountant: Total Construction Fixed Price $7,000,000 Construction Start Date March 3, 2012 Construction Complete Date December 4, 2013 As of Dec 31… 2012 2013 Actual cost incurred $2,700,000 $3,050,000 Estimated remaining costs […]
1. Refer to the following table showing a monopolist’s demand schedule: Price Quantity $50 300 40 600 20 800 10 1,000 What is marginal revenue for a price decrease from $50 to $40? a. $9,000 b. $24,000 c. $30 d. $20 2. The market demand for a monopoly firm is estimated to be: Qd = […]
Corporate governance has become increasingly important over the years. The Sarbanes-Oxley (SOX) Act was enacted to improve transparency in financial accounting and to prevent fraud. Which of the following is correct? fraud has not occurred since enactment of SOX SOX has not increased auditing costs government agencies are not required to […]
The effective project team leaders are social architects who understand the interaction between organizational and behavioral variables; suggesting that such team leaders should be able to minimize dysfunctional conflict and to foster a climate of active participation. Yukl (1994) suggests that leaders’ effectiveness is derived from four sources: The level of power and influence possessed […]
Question 1 In preparing a process explanation, the step of __________ forms the basis (backbone) of the process explanation and aids in designing visuals. A. listing the sequence of steps in the process B. identifying the audience C. organizing the material D. choosing the diction Question 2 An overview of an entire sequence […]
Ashwood, Inc. is a public enterprise whose shares are traded in the over-the-counter market. At December 31, 2006 Ashwood had 6,000,000 authorized shares of $10 par value common stock, of which 2,000,000 shares were issued and outstanding. The stockholders’ equity accounts at December 31, 2006 had the following balances:Common stock …………………. $20,000,000Additional paid-in capital ………… […]
