Administrators at a university will charge students $150 to attend a seminar. It costs $3000 to reserve a room, hire an instructor, and bring in the equipment. Assume it costs $25 per student for the administrators to provide the course materials
How many students would have to register for the seminar for the university to break even?
A) 18
B) 20
C) 24
D) 30
Answer: C
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Suppose Apple has collected extensive survey data about its new iPhone, and respondents have rated it on 20 different features and benefits. Now researchers want to reduce the amount of data to a few underlying dimensions. Which data analysis technique should the researchers use?
A) analogy B) conjoint analysis C) factor analysis D) multidimensional scaling E) cluster analysis
Some assets, such as a nuclear power plant, are not readily salable at the end of their useful lives, and retiring them may impose substantial costs. Which of the following is/are true?
a. Firms must estimate the fair value of the dismantling costs and include that amount in the initial measurement of the asset. b. Firms recognize a liability, referred to as an asset retirement obligation at the estimated fair value of the dismantling costs. c. Firms compute depreciation based on the combined cost of the plant assets, including the fair value of the dismantling obligations. d. all of the above e. none of the above
Nendry is the owner of a firm that produces sports drinks. Since there are a number of firms in the industry competing on cost, Nendry has decided to pursue a differentiation strategy. In this case, she should
A. focus on adding unique features to her product that customers will value. B. enforce strict budget controls at all levels of the organization. C. devote all resources to reducing the value gap. D. concentrate on improving process technologies to achieve economies of scale.
________ is best described as the act of sharing your thoughts, feelings, and ideas with others without self-deception and without distortion.
A. Self-realization B. Self-disclosure C. Groupthink D. Stereotyping