The e-procurement solution introduced by General Electric for selecting suppliers is called ______.
a. negotiation
b. competitive bidding
c. online reverse auction
d. Dutch auction
c. online reverse auction
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The essence of strategy is innovation, so _____ is often gained when an organization tries a strategy that no one has tried before.
Fill in the blank(s) with the appropriate word(s).
An entity changed from the FIFO to the LIFO cost flow assumption for inventories. Assuming that inventory and sales remain constant over time, and that prices are rising, how would the current ratio be changed as a result of converting from FIFO to LIFO?
a. The current ratio did not change. b. The current ratio increased. c. The current ratio decreased. d. The effect on the current ratio cannot be determined from the information given.
Carlos knew the restaurant kitchen was violating state codes. If Carlos reported the conditions to the health department, there is a chance the restaurant would have to close or that he could receive backlash from co-workers. What type of challenge was Carlos facing as a follower?
A. challenge of bad news B. challenge of obligation C. challenge of obedience D. challenge of dissent
Prady, Inc began operations on October 1, 2011, with 3,000 shares of $2 par common stock authorized. Prady issued all of its common stock during 2011 and 2012. On December 31, 2012, Prady repurchased 1,000 shares of its outstanding shares, then reissued 500 of these shares on March 1, 2013. On June 1, 2013, Prady declared a 2-for-1 stock split. As a result of this stock split, which of the
following is true? A) Assets decreased. B) Stockholders' equity decreased. C) Stockholders' equity increased. D) Total stockholders' equity remained the same.