How are cumulative learning and experience effects of a company most likely to affect Michael Porter's five forces?
A. Availability of complements will be low.
B. Bargaining power of suppliers will be high.
C. Threat of substitute products and services will be high.
D. Threat of new entrants will be low.
Answer: D
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A Scanlon plan is a type of ______ compensation plan.
A. pay-for-knowledge B. gainsharing C. benchmarking D. pay-for-performance E. profit-sharing
Norton Company reported total sales revenue of $55,000, total expenses of $45,000, and net income of $10,000 on its income statement for the year ended December 31, 2010 . During 2010, accounts receivable increased by $4,000, merchandise inventory increased by $6,000, accounts payable decreased by $2,000, and depreciation of $18,000 was recorded. Therefore, based only on this information, the net
cash flow from operating activities using the indirect method for 2010 was: a. $30,000 b. $10,000 c. $16,000 d. $19,000
Which of the following reasons makes competencies a risky foundation for a pay system?
A. Lack of motivation and objectivity B. The number of stakeholders and the lack of a global standard C. Openness and nonquantifiable nature D. Vagueness and subjectivity
Performance appraisals are generally a good mechanism in determining why employees are not meeting the firm's expectations when conducting a person analysis.
Answer the following statement true (T) or false (F)