Starting a new business is often the result of some particular event or condition within an individual's environment. List four events that could trigger a new business.
What will be an ideal response?
Being laid off; being approached by one or more people with a new business idea, risk/return level is tolerable; attend a seminar, read a book; experiencing a mid-life crisis; inability to climb the corporate ladder
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Bonds issued by corporations or governmental bodies as a form of borrowing are called ____________________
Fill in the blank(s) with correct word
The following information is available from the Arugula Company: Actual factory overhead $16,800 Actual fixed overhead expenses $ 9,200 Budgeted fixed overhead expenses $ 9,500 Actual hours 3,600 Budgeted hours 3,800 Standard hours allowed 3,500 Standard variable overhead rate per direct labor hour $ 2.25 Assuming that Arugula uses a three-variance analysis of overhead variances, what is the
spending variance? a. $800 favorable b. $800 unfavorable c. $500 favorable d. $500 unfavorable
Malcolm Baldrige National Quality Award winners are encouraged to maintain their company secrets for achieving quality
Indicate whether the statement is true or false
A single act of incompetence will always constitute goods grounds to dismiss an employee for cause
Indicate whether the statement is true or false