Jerry has a property insurance policy on a building that would cost $200,000 to replace. His insurance policy is written on an actual cash value basis. His building suffers fire damage that has a replacement cost of $50,000
The building is 2 years old, with an estimate useful life of 20 years. How much will he collect for the fire damage?
A) $5,000
B) $10,000
C) $25,000
D) $45,000
D
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The essence of strategy is innovation, so _____ is often gained when an organization tries a strategy that no one has tried before.
Fill in the blank(s) with the appropriate word(s).
Whitmer Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.05 direct labor-hours. The direct labor rate is $11.80 per direct labor-hour. The production budget calls for producing 7,100 units in February and 6,800 units in March.Required:Construct the direct labor budget for the next two months, assuming that the direct labor work force is fully adjusted to the total direct labor-hours needed each month.
What will be an ideal response?
A firm will fail to create a sustained competitive advantage when the
A. resource bundles exhibit heterogeneity and immobility. B. source of its competitive advantage is causally ambiguous. C. source of its competitive advantage is socially complex. D. fit between its internal strengths and the external environment is static.
Louis¾larger and stronger than Mica¾threatens to hit Mica and then hits and injures him. Mica files a suit against Louis for assault and battery. Mica will most likely recover for
A. assault and battery. B. assault but not battery. C. battery but not assault. D. not assault or battery.