Requiring union membership as a condition of continued employment is illegal in many states.
Answer the following statement true (T) or false (F)
True
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A firm plans to use a defensive core strategy of protect position, with the strategic objective of maintaining profits. Which of the following strategies is the firm most likely to implement as a part of its core strategy?
A) build customer retention B) enter new related markets C) harvest for cash flow D) divest for cash flow E) develop new markets
Corporations sometimes consciously choose to break the law if it poses acceptable risks such as relatively light penalties for violation, if the benefits gained by doing so are great.
Answer the following statement true (T) or false (F)
In the EOQ model, the optimal order quantity is the amount at which ordering costs and ______.
A. holding costs are inversely related B. holding costs are directly related C. stock-out costs are directly related D. stock-out costs are inversely related
Under the perpetual inventory system, the cost of merchandise purchased is recorded in the Merchandise Inventory account.
Answer the following statement true (T) or false (F)