Changes in wages in labor markets are measured
A. using the modified balance sheet approach.
B. by examining the personal expenditure of each employee.
C. through pay surveys.
D. using the producer price index.
Answer: C
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Flitter reported net income of $20,000 for the past year. At the beginning of the year the company had $205,000 in assets and $55,000 in liabilities. By the end of the year, assets had increased to $305,000 and liabilities were $80,000. Calculate its return on assets:
A. 35.3%. B. 7.8%. C. 6.6%. D. 24.4%. E. 9.8%.
Answer the following statements true (T) or false (F)
1. The task environment consists of groups that present workers with daily tasks to handle. 2. Customers are those who pay to use an organization’s goods or services. 3. Customers have more faith in health insurance companies to handle complaints than they have in apparel outlets. 4. Competitors compete solely for customers and raw materials.
Unless one of the parties contractually assumes the risk, the __________ discharges a contract if supervening circumstances make fulfillment of the purpose which both parties had in mind impossible
a. bankruptcy law b. frustration of purpose doctrine c. perfect tender rule d. impossibility of performance doctrine
Experts estimate that the average cost of a single B2B sales call is about
A. $1,500. B. $50. C. $190. D. $600. E. $1,000.