Changes in capital stock accounts should normally be approved by:
A. The audit committee.
B. The president.
C. The board of directors.
D. The stockholders.
Answer: C
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Which of the following is the correct opportunity cost to consider if you are trying to choose one 3-hour elective course (A) over another 3-hour elective course (B)?
A) The tuition cost of a 3-hour course B) Your total tuition costs for the year with and without the course C) The information and learning from (B) that you will give up if you choose (A) D) The marginal costs of taking one more course
The traditional formula for determining damages for a violation of the Robinson-Patman Act was to
a. calculate the estimated amount of lost profits. b. determine the difference between the two prices and multiply the difference by the number of units purchased. c. allow a jury to determine the amount of punitive damages without using any particular formula. d. add both prices together and divide by the number of units purchased.
Illegal acts by either employers or unions that deny employees their rights and benefits are called
A. discrimination complaints. B. violation and resolve charges. C. unfair labor practices. D. representation charges.
Dell, Inc. wants to offer customers televisions in addition to computers. This is a change in its ________ strategy.
A. Pricing B. Placement C. Promotion D. Personnel E. Product