Which of the following are advantages of simulation?
I. time compression
II. "what-if?" questions are possible
III. flexibility
IV. repetitive approach
V. input must be user generated
A) I, III, V
B) I, II, V
C) II, III, IV, V
D) I, II, IV, V
E) I, II, III
E
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During its first year of operations a company recorded accrued expenses totaling $250,000 for book purposes. For tax purposes, $100,000 of the expenses are deductible during the first year of operations and $150,000 are deductible during the second year of operations. The income tax rate for both years is 45%. The balance sheet at the end of the first year of operations will report a deferred tax:
A. asset of $67,500. B. liability of $45,000. C. asset of $100,00. D. liability of $67,500.
Answer the following statements true (T) or false (F)
1. Some hotels actually offer an unconditional 100 percent satisfaction guarantee. 2. A good service guarantee does not have to be easy to use if it is truly focused on the guest’s needs. 3. Employers should improvise questions when asking guests about their experience because guests are always motivated to tell the whole truth. 4. Servers should be given the comment cards that have negative comments about their performance.
Two forms of demand-based pricing are ________
A) price bundling and captive pricing B) price skimming and penetration pricing C) fixed pricing and variable pricing D) target costing and yield management pricing E) price leadership and everyday low pricing
Which of the following are central concepts in Strategic Contingencies Theory’s perception of power?
a. The organization is comprised of a number of core interdependent, non-substitutable sub-units b. The most powerful sub-unit is the least dependent unit that copes with the greatest level of uncertainty c. Only sub-units can have power d. a and b above