Alex wants to make sure that Acme Global is getting work done whenever and however it must be done. He frequently asks the question, “Did we do the right things?” Alex is concerned with ______.
A. efficiency
B. empathy
C. effectiveness
D. sustainability
C. effectiveness
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Eliminations appear on the books of
a. the subsidiary company only. b. neither the parent company nor the subsidiary company. c. both the parent company and the subsidiary company. d. the parent company only.
A firm is trying to determine if it should launch a product. The product has an expected life of three years. It will bring in cash flows of $10,000 in each of the three years. The company estimates that it will invest $24,000 in product research and development costs. Assume a discount rate of 8%. Based on NPV, what should the firm do?
a. Launch the product because NPV is greater than the amount to be invested b. Not launch the product because NPV is greater than the amount to be invested c. Launch the product because the amount to be invested is greater than NPV d. Not launch the product because the amount to be invested is greater than NPV
The Code of Hammurabi is an example of a law from a civil law legal system
a. True b. False
Franchising:
A. reduces risk of downside loss. B. is the same as the me-too strategy. C. reduces the amount of competition an entrepreneur will face. D. is the only imitation strategy discussed in the text.