After a presentation, questions from the audience must be encouraged

Indicate whether the statement is true or false


True

Business

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Domain squatting occurs when:

A) an Internet domain is used that is similar to a brand name B) individuals purchase domain names just for the purpose of selling them later to famous individuals or companies C) a company creates a brand name that closely resembles a popular or successful brand name D) the brand name becomes a generic term for the product category

Business

The management of Penfold Corporation is considering the purchase of a machine that would cost $440,000, would last for 7 years, and would have no salvage value. The machine would reduce labor and other costs by $102,000 per year. The company requires a minimum pretax return of 16% on all investment projects. The net present value of the proposed project is closest to (Ignore income taxes.):Refer to Exhibit 12B-1 and Exhibit 12B-2 to determine the appropriate discount factor(s) using the tables provided.

A. $(28,022) B. $(79,196) C. $274,000 D. $96,949

Business

Answer the following statements true (T) or false (F)

1. Organizations should focus on high salary and bonus structures in order to recruit and retain millennials. 2. There are five core dimensions of jobs according to the job characteristics model, including skill variety and autonomy. 3. According to the job characteristics model, a challenging role tends to stifle creativity. 4. There are four main beliefs associated with psychological empowerment: meaningfulness, self-determination, competence, and influence. 5. Self-determination is the understanding of skills, knowledge, and strengths that enable a person to make choices and initiate work tasks.

Business

Aunt Emily's Food Products is famous for its frosted fruit cake. The main ingredient of the cake is dried fruit, which Aunt Emily's purchases by the pound. In addition, the production requires a certain amount of direct labor. Aunt Emily's uses a standard cost system, and at the end of the first quarter, there was a favorable direct materials cost variance. Which of the following is a logical explanation for that variance?

A) The production manager negotiated a lower wage package for production staff, bringing direct labor costs down. B) The factory lost two experienced workers at the beginning of the quarter, and their replacements worked at a much slower pace during their training period. C) The purchasing manager was able to secure a volume discount on dried fruit, purchasing the fruit for less than the amount set by standard. D) The production staff changed the work flow process so that there was less wastage of direct materials during production.

Business