The Zildjian Company has an estimated 65% of the world cymbal market. They attribute this success to sticking with one product and never making changes
Indicate whether the statement is true or false
F
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Vast Ocean Corporation has an incentive compensation plan under which the sales manager receives a bonus equal to 10% of the company's income after deducting income taxes but before deducting the bonus. Income before income tax and the bonus is $80,000 . The effective income tax rate is 40%. How much is the bonus?
a. $8,000 b. $5,000 c. $4,800 d. $4,320
According to the text, value chain analysis focuses primarily on what question(s)?
A. How will this customer value be created? B. What does the customer value and how much is the customer willing to pay for this value? C. Should the company enter a foreign market? D. Who are the company's target customers? E. What is the best way for the company to enter a market?
Under international law, in order to be considered a custom, a practice must be followed
because of legal obligation. Indicate whether the statement is true or false
The officers of a corporation are:
a. chosen by the board of directors. b. appointed by the president of the company. c. elected by shareholders. d. appointed by the Secretary of State.