What type of online auction occurs when sellers use it as a selling channel to many buyers and the highest bid wins?

A. Electronic auction.
B. Forward auction.
C. Reverse auction.
D. All of the above.


B. Forward auction.

Business

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The Age Discrimination in Employment Act (ADEA) is enforced by the Equal Employment Opportunity Commission (EEOC).

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

Business

On March 31 a company needed to estimate its ending inventory to prepare its first quarter financial statements. The following information is available:Beginning inventory, January 1: $4,000Net sales: $80,000Net purchases: $78,000The company's gross margin ratio is 25%. Using the gross profit method, the estimated ending inventory value would be:

A. $20,000. B. $22,000. C. $19,500. D. $60,000. E. $82,000.

Business

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

1. Between 1936 and 1941, employers used intimidation and force to control workers in auto and steel industries and hired labor spies to infiltrate their unions. 2. The General Motors sit-down strike in 1936 was so successful that a wave of unionization followed throughout the auto industry. 3. When the CIO formed in 1938, it was much weaker than the AFL and did not pose much of a threat to AFL membership. 4. In the early days of the CIO, one of the key features that distinguished it from the AFL was an acceptance of minorities, immigrants, and women into the union. 5. During the 1930s, membership in the AFL grew significantly due its emphasis on unionizing small employers rather than large manufacturing companies.

Business

Which were not problems that resulted from WorldCom's high level of mergers?

a. Merging billing systems was difficult b. Customer service concerns c. Collections suffered d. All of the above were problems

Business