In a labor market, the market rate is where the lines for labor demand and labor supply cross.
Answer the following statement true (T) or false (F)
True
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Hilliard Company, a small consulting firm, charges all of its operating expenses on Accounts Payable. On January 1, Year 2, Hilliard's Accounts Payable balance was $24,000 and, during Year 2, an additional $216,000 of operating expenses were charged on account. On December 31, Year 2, the Accounts Payable balance was $72,000. What is the amount of cash paid for expenses during Year 2?
A. $64,000 B. $168,000 C. $240,000 D. $264,000
How are human resources related to competitive advantage? What are the criteria to judge the strategic impact of human resources?
What will be an ideal response?
The value of a country's exports compared to the value of its imports, measured over a specific period of time, is called balance of trade
Indicate whether the statement is true or false.
According to several research studies, which of the following findings is true of the role of quality in gaining competitive advantage?
A) Quality is negatively related to return on investment for almost all kinds of market situations. B) A strategy of quality improvement is usually accompanied by increased short-run profitability. C) Quality has a trivial effect on returns in most kinds of market situations. D) Businesses offering premium-quality goods usually have large market shares.