Natural resources and raw materials, offices, production facilities, parts and supplies, and manufacturing equipment would be considered which factor of production?


Answer: Physical resources

Business

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Stock certificates are issued when the corporation receives a capital stock subscription

a. True b. False Indicate whether the statement is true or false

Business

At his review last year, Bryan was promised a 20 percent raise if he met his production goals. Raises were included in today's paychecks, and although Bryan has met all of his goals, he received only a cost-of-living raise. In the future, Bryan's ______ will probably be ______.

A. instrumentality; high B. valence; low C. expectancy; low D. instrumentality; low E. expectancy; high

Business

Skimming involves

a. stealing cash from an organization before it is recorded b. Stealing cash from an organization after it has been recorded c. manufacturing false purchase orders, receiving reports, and invoices d. A clerk pays a vendor twice for the same products and cashes the reimbursement check issued by the vendor.

Business

Which of the following is an advantage of applying the economic value creation perspective to assess a firm's performance?

A. In economic value perspective, analysts not only consider historical costs, but also opportunity costs. B. When the need for "hard numbers" arises, managers and analysts rely on economic value creation perspective to measure competitive advantage. C. Arriving at the economic value created is easy because determining the value of a good in the eyes of consumers is a simple task. D. It is the most efficient tool for assessing corporate-level competitive advantage of highly diversified companies with large product portfolios.

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