___________________ involves firms colluding on the price that their customers should be charged and is illegal.
(a) Dumping
(b) Price fixing
(c) Predatory dumping
(d) Price escalation
(b) Price fixing
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The process of acquiring raw materials is part of the conversion cycle
Indicate whether the statement is true or false
Division Alpha can purchase a required part from an outside supplier for $35. Division Beta is willing to supply the part at a transfer price of $36.50, which is its incremental costs. Division Alpha's manager should
A) pay the $38.50 price to Division Beta. B) tell his immediate supervisor that Division Beta is being unreasonable. C) negotiate an appropriate transfer price with the manager of Division Beta. D) buy from the outside supplier.
Visit your favorite local restaurant (fast-food or otherwise) and draw a basic process flowchart for the food ordering, preparation, and delivery. Are there portions of these processes that do not appear to add value to the process? How could these be eliminated or reduced?
What will be an ideal response?
Which of the following statements about dismissal in Europe is true?
a. Dismissal procedures are laid out in the European Union Treaty. b. Employees acquire a kind of property interest in their jobs. c. Severance pay may be so high as to discourage dismissal. d. Both b and c