In the context of technological advancements, emerging information technology has made work ________.
A. more complicated
B. more tedious
C. more risky
D. more portable
Answer: D
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In a research program that was conducted at the University of Michigan, it was found that ________ behavior also made for effective managers. This behaviour is characterized by trust and confidence, being friendly and considerate, showing appreciation, and keeping people informed.
A. task-oriented B. participative C. directive D. strategic E. relationship-oriented
Glade, Inc. is trying to decide whether to increase the commission-based pay of its salespeople. Currently, each of its five salespeople earns a 15% commission on the units they sell for $100 each, plus a fixed salary of $40,000 per person. Glade hopes that by increasing commissions to 20% and decreasing each salesperson's salary to $25,000, sales will increase because salespeople will be more motivated. Currently, sales are 13,000 units. Glade's other fixed costs, NOT including the salespeople's salaries, total $580,000. Glade's other variable costs, NOT including commissions, total $20 per unit.a. What is current profit?b. What is the current break-even point in units?c. What would the break-even point in units be if commissions are increased and salaries decreased?d. If sales increase
by 4,000 units, what will profit be under the new plan?e. At what sales level would Glade be indifferent between the lower-commission plan and the higher-commission plan? What will be an ideal response?
A decrease in fixed financial costs will result in a(n)________
A) increase in financial risk B) decrease in financial risk C) increase in operating leverage D) decrease in operating leverage
The cost of self-employed health insurance premiums are deductible above-the line at a rate of 80% of the cost.
Answer the following statement true (T) or false (F)