Which classic HR theorists argue that ‘HR can add value to business operations by either cutting costs or creating revenues’?
a. Butler and Wilson (1976)
b. Barney and Wright (1997)
c. Buchannan and Huczynski (1999)
d. None of these
c. Buchannan and Huczynski (1999)
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A company issued 5-year, 7% bonds with a par value of $100,000. The market rate when the bonds were issued was 6.5%. The company received $102,105 cash for the bonds. Using the effective interest method, the amount of recorded interest expense for the first semiannual interest period is:
A. $6,573.90. B. $3,318.41. C. $1,750.00. D. $3,500.00. E. $7,000.00.
Before setting prices for a firm’s products, management must decide what it expects to accomplish through pricing. Which of these is the most fundamental purpose?
a. market share b. profit c. return on investment d. survival e. status quo
Superior Containers produces restaurant storage containers
The company makes two sizes of containers: regular (55 gallon) and large (100 gallon). Demand for the products is so high that Superior can sell as many of each size as it can produce. The company uses the same machinery to produce both sizes. The machinery can be run for only 2,500 hours per period. Superior can produce 20 regular containers every hour, whereas it can produce 8 large containers in the same amount of time. Fixed costs amount to $250,000 per period. Sales prices and variable costs are as follows: Per Unit Regular Large Sales price $105 $225 Variable costs 28 42 To maximize profits, how many of each size container should Superior produce? Given this product mix, what will the company's operating income be? What will be an ideal response
What assumptions are made in calculating the economic order quantity? Which of these assumptions is the least realistic? Why?
What will be an ideal response?