What country may be the last frontier for “excess” labor available for low-wage competition in their home countries or to fill jobs in developing countries that have fewer working-age people?
*a. Africa
b. India
c. United States
d. France
*a. Africa
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Any person can be an agent, regardless of whether he or she has the capacity to contract.
Answer the following statement true (T) or false (F)
The spreadsheet method is designed to determine changes in each income statement account and then reconstruct the implied effects of those changes on cash
Indicate whether the statement is true or false
The state of Illinois has passed a law requiring that every automobile be inspected at least once a year for pollution control. Anfang Enterprises is considering entering into this type of business. After extensive studies, Joseph Anfang has developed the following set of projected annual data on which to make his decision: Direct service labor $363,000.00 Variable service overhead costs
270,000.00 Fixed service overhead costs 280,000.00 Marketing expenses 120,000.00 General and administrative expenses 170,000.00 Minimum profit 90,000.00 Cost of assets employed 500,000.00 Anfang believes that his company will inspect 100,000 automobiles per year. The company earns an average of 18.75 percent return on its assets. The price to be charged for inspecting each automobile using the return on assets pricing method would be calculated as follows: a. ($913,000.00 ÷ 100,000) + {($913,000.00 ÷ 100,000) ? [($90,000 + $290,000) ÷ $913,000.00]} b. ($1,203,000.00 ÷ 100,000) + [($1,203,000.00 ÷ 100,000) ? ($90,000 ÷ $1,203,000.00)] c. ($1,203,000.00 ÷ 100,000) + [($500,000 ÷ 100,000) ? 0.1875] d. None of these
In the organizational process model, decision makers are:
A) Encouraged to forecast the future B) Not acting on the basis of a predetermined vision C) Are neither encouraged to forecast the future, nor acting on the basis of a predetermined vision D) Prevented from forecasting the future and acting on the basis of a predetermined vision