Some organizations have eliminated the hierarchy through which authority flows from the highest-level manager to the lowest-level manager.
Answer the following statement true (T) or false (F)
False
All organizations have a hierarchy of authority from the lowest-level manager to the highest level.
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Hewlett-Packard (HP) is the world's leading marketer of inkjet printers. HP's printers are priced very low and margins are slim; by contrast, the company enjoys healthy margins on sales of replacement ink cartridges. This approach is sometimes known as "razors and blades" pricing.
Indicate whether the statement is true or false
The British economist G. MacDougall compared the labor productivity ratios and export ratios for the United Kingdom and the United States in order to test
a. Adam Smith's principle of absolute advantage. b. David Hume's price specie flow mechanism. c. David Ricardo's principle of comparative advantage. d. William Benoit's theory of mercantilism.
The Maxa Company normally sells its inventory at a 20% profit margin on sales. In 2016, the net realizable value of inventory purchased for $75,000 declined to $66,000. There are no costs to complete and dispose of this inventory. Using the LIFO method what is the floor constraint on the valuation of this inventory using the lower of cost or market rule?
A) $60,000 B) $66,000 C) $79,200 D) $52,800
Negotiators with power motives tend to convey "positive" concessions that deescalate tensions or facilitate agreement
Answer the following statement true (T) or false (F)