Which of the following encompasses all organizational information with the primary purpose of supporting the performance of managerial analysis tasks?
A. Analytical information
B. Statistical information
C. Targeted information
D. Transactional information
Answer: A
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Social responsibility is
A. the view that organizations should satisfy the needs of consumers in a way that provides for society's well-being. B. the idea that individuals and organizations are accountable to a larger society. C. the recognition of the need for organizations to improve the state of people, the planet, and profit simultaneously if they are to achieve sustainable, long-term growth. D. the idea that an organization should strive to satisfy the needs of consumers while also trying to achieve the organization's goals. E. the fundamental, passionate, and enduring principles of an organization that guide its conduct over time.
Elizabeth currently makes $45,000 per year and is in a 25% tax bracket. If she contributes $2,400 to her 401(k) plan at work, by how much will this lower her taxable income?
A) $7,500 B) $600 C) $2,400 D) $11,250
An example of a committed fixed cost is:
A. advertising. B. a long-term equipment lease. C. management training seminars. D. research and development.
Pat's Pen Co manufacturers and sells an inexpensive ball-point pen. Salley's Stationery purchases the pens for $.25 each in quantities of 1,000. Salley's discovered that a national chain, a competitor of Salley's, buys the pen at $.20 for 1,000. If Salley's Stationery sues Pat's Pen Co for price discrimination A)Pat's Pen Co. will win if it can prove that it has been selling to the national chain
continuously at the cheaper rate. B)Pat's Pen Co. will win if it can prove that it did not intend to economically harm Salley's Stationery. C)Salley's Stationery will win if it can prove price discrimination occured and that it lessened competition. D)Salley's Stationery will win since price discrimination is a per se violation with no real defenses.