Most organizations check references as soon as they receive a candidate's application form.
Answer the following statement true (T) or false (F)
False
Usually an organization checks references only after it has determined that an applicant is a finalist for a job.
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When company management decides that it is unwilling to follow the "conventional wisdom" and instead finds a new way to gain competitive advantage, it might be said to be:
A) searching for loose bricks. B) changing the rules of engagement. C) collaborating. D) building layers of advantage. E) innovating.
Answer the following statements true (T) or false (F)
1. Total variable costs change in direct proportion to changes in the volume of production. 2. Variable cost per unit is constant throughout various relevant ranges. 3. If the volume of activity doubles in the relevant range, total variable costs will also double. 4. Fixed costs per unit is inversely proportional to the volume of units produced. 5. Fixed costs per unit decrease as production levels decrease.
Martin is a new product manager for a large biochemical firm. He is currently working on a proposal for a new chemical solvent and knows that introducing the new product can be risky because it might fail. He also knows that ___ is risky as well.
A. performing marketing research B. keeping tabs on the actions of competitors C. not introducing new products D. generating new product ideas E. addressing customers' concerns about products
Hayley makes annual end-of-year payments of $6,260.96 on a five-year loan with an 8 percent interest rate. The original principal amount was ________
A) $31,000 B) $30,000 C) $25,000 D) $20,000