Which of the following is a common goal of diversity training?
A. Standardizing policies and procedures
B. Increasing team homogeneity
C. Eliminating divergent thinking
D. Improving communications skills
Answer: D
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Ecstasy Pharmaceuticals faces fixed costs of $1,000,000 with manufacturing its new drug. The company sells the drug in bottles of 50 pills for $10.00. The company estimates that it must sell 200,000 bottles to break even
What is the total cost to produce a bottle of 50 pills? A) $2.50 B) $5.00 C) $6.00 D) $7.50 E) not enough information to calculate
Earnings per share is a measure of
a. cash income earned by the common shareholder. b. profitability. c. the financial viability of a firm. d. the amount of dividends that will be paid by the firm. e. how much an investor would be willing to pay for a share of common stock.
________ float occurs when there is a delay between when a firm issues a check and when the funds are removed from the checking account balance
A) Net B) Book balance C) Disbursement D) Collection E) Electronic funds transfer (EFT)
A company produces three product lines and a different marketing manager is responsible for each line. Most marketing expenses are specific to each line, but a common sales force sells all three lines. Sales reps are paid by commission, with a different commission for each product line. In this case, in a marketing cost analysis,
A. sales commissions are a variable expense and would not be considered in the contribution-margin approach. B. the full-cost approach would be easier to do if all sales reps were paid a straight salary. C. the contribution-margin approach would probably divide personal selling expense based on commission expense for each product line. D. a full-cost approach would ignore commission expense, since it is not a fixed cost. E. None of these answers is correct.