Which of the following is the correct relationship between different capital components of a firm? rd = before-tax cost of debt; rs = cost of retained earnings; re = cost of new common equity
A. rs< re
B. rd = rs
C. rs = re
D. rs< rd
E. re = re + rd
Answer: A
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Which of the following should be included in computing a revenue budget for a professional services firm?
a. Wage rates. b. Predetermined overhead rate. c. Billing rate. d. Direct costs.
Julius has an opportunity for a major promotion, but it would mean that he would have to move away from his family and no longer be able to help his cousins care for his uncle. Julius instead chooses to stay nearby and turn down the promotion. Julius’s society illustrates which of Hofstede’s dimensions?
A. collectivist B. individualist C. long-term orientation D. low power distance
Geneva is one of the best recruiters at Acme Global. What makes Geneva so successful is her ability to hear the words recruits are saying as well as understand the context of the conversations. Geneva is good at ______.
A. realistic job previews B. active listening C. selection D. appraisal
Answer the following statements true (T) or false (F)
Neoliberal market ideology places the needs and rights of workers before efficiency and profits. Labor relations systems in other countries tend to follow a neoliberal market ideology, which sees the employment relationship as one in which balance between competing interests must be achieved. U.S. labor law tries to establish employer needs for efficiency as a priority over employees' need for equity and voice. Labor relations systems around the world generally assume that corporations have significantly greater bargaining power than one individual worker. One important goal of U.S. labor law is to increase purchasing power of workers.